RBI considers priority sector lending for domestic solar panel manufacturing
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Content Team
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The RBI is contemplating the inclusion of solar panel manufacturing in the priority sector lending bracket, as per The Economic Times. This decision comes after several meetings over the past two months, involving bankers, officials from ministries of finance and renewable energy, and other stakeholders. Financing issues confronting solar photovoltaic manufacturers have been discussed. The central bank's decision is expected within the next two to three months.
