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RBI to ease lending limits for green energy sector

  • Date : 22/06/2019
  • Source : Deccan Chronicle| Bangalore

“The Ministry's recommendation to the RBI will ensure higher credit financing availability and provide the much needed boost to the sector. This is absolutely in line with CleanMax Solar's recommendation earlier this year to remove the cap of INR 15 crore per year under priority sector lending for rooftop projects or at least increase the credit limits significantly and remove it in a phased manner,” said Nikunj Ghodawat, Chief Financial Officer , CleanMax Solar.