Priority Sector Loans for Electric Vehicles are being considered by the Reserve Bank of India

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Niti Aayog and the World Bank are working together to build up a $300 million ‘first loss risk sharing instrument’ to increase financing for electric vehicles. The State Bank of India is in charge of this initiative, which will provide a total of around $1.5 billion in funding. There is a proposal from the Niti... The post Priority Sector Loans for Electric Vehicles are being considered by the Reserve Bank of India appeared first on Viral Bake.

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