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Ireda reports 27% rise in loan sanctions in FY25 to Rs 47,453 crore

Business Standard LogoBusiness Standard1d ago

Ireda reports 27% rise in loan sanctions in FY25 to Rs 47,453 crore - Business Standard

Quick Summary:

IREDA CMD Pradip Kumar Das said, "Our consistent growth in loan sanctions, disbursements, and loan book reflects our strong dedication to financing renewable energy projects.

It had sanctioned loans worth Rs 37,354 crore in the previous year, Indian Renewable Energy Development Agency Limited (Ireda) said in a statement.

State-owned IREDA on Monday reported a 27 per cent year-on-year rise in loan sanctions to Rs 47,453 crore in 2024-25.

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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 20:50:48 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 221 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27484145

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