Reserve Bank of India

  • India: Solar Thermal Gains from Priority Sector Lending

    India: Solar Thermal Gains from Priority Sector Lending

    The Reserve Bank of India (RBI) has revised priority sector lending norms, according priority sector lending status to renewable energy. Regulation Priority Sector Lending – Targets and Classifications published on 23 April 2015 mentions renewable energies as one of the...
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  • India: Commercial Banks Give Priority to Solar Water Heater Loans

    India: Commercial Banks Give Priority to Solar Water Heater Loans

    Solar water heaters have been made a priority in several loan programmes of well-known banks in India. For example, Bengaluru-based Canara Bank has granted more than 25,000 loans for individual solar water heaters so far and has given out loans worth INR 60 million in the solar heating...

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