Bank of India has inked a memorandum of understanding (MoU) with Solid Solar by Gautam Polymers, India’s largest solar lights manufacturer, for financing of solar systems through its network across the country.
The bank through its extensive network across the country would finance solid solar home systems and solar power plants and popularize their usage in rural and urban areas.
Bank of India is India's third largest PSU bank, with 4157 branches pan India commanding a strong presence in rural and semi urban areas.