Thursday, 27 June, 2024

Rupee112 Launches Green Loans to Support Solar and EV Financing

Rupee112, an RBI-registered NBFC, has introduced Green Loans to finance solar and electric vehicle solutions, promoting environmental sustainability. This initiative aims to reach Rs 1000 crore in revenue and disburse 3 lakh loans by FY2027. Rupee112's GoGreen initiative supports India's push for renewable energy adoption, leveraging AI and ML for efficient loan processing. The company focuses on inclusivity and streamlined financial services.