Clean energy: USAID, RBL Bank announce ₹500cr loan guarantee
The US Agency for International Development (USAID) and Mumbai-based RBL Bank on Thursday announced a loan portfolio guarantee to facilitate up to $75 million (₹500 crore) for lending to small and medium enterprises operating in clean energy sectors. This deal, a first between USAID and an Indian private sector bank, will support innovative solutions to improve access to clean energy.