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Indian bank targets Rs 100 cr loans under EV charging scheme in FY27: MD Bank of India has set a loan target of Rs 100 crore for electric vehicle charging infrastructure. The bank opened IND Green Charge for Public, captive and charging stations for the fleet under different models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum period of eight years.

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Economic Times · · Source

🇮🇳 India · Map

Indian bank targets Rs 100 cr loans under EV charging scheme in FY27: MD Bank of India has set a loan target of Rs 100 crore for electric vehicle charging infrastructure. The bank opened IND Green Charge for Public, captive and charging stations for the fleet under different models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum period of eight years.

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