Indian Banks Exposure to Coal Limits Lending to Solar, SBI Says

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Indian Banks Exposure to Coal Limits Lending to Solar, SBI Says

FSLR

Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - April 26, 01:12AM from (www.bloomberg.com)

Indian banks have limited scope to boost lending to solar plants after funding for coal projects pushed them close to the limit for financing to the power industry, the nation’s biggest lender said.
Most banks are reaching their 15 percent cap on domestic advances to the power industry and it’s unli...

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