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Banks boost renewable energy credit by 7% in April amid energy security concerns
The Economic Times· 2026-06-24 13:12
Bank credit to the renewable energy sector climbed 7% to Rs 13,852 crore in April over March outstanding, although overall bank credit contracted 0.7% in the first month of the fiscal, latest regulatory data showed. The green sector also saw the highest month-on-month "The ongoing geopolitical tensions and concerns around energy security have further reinforced India's commitment to renewable energy and the energy transition agenda, leading to a sustained increase in credit demand from the sector," managing ...