MoneyWorks4Me

Bank of India signs MoU with IREDA

23 Aug 2022 Evaluate

Bank of India (BoI) has signed a Memorandum of Understanding (MoU) with Indian Renewable Energy Development Agency (IREDA) for co-lending, co-origination, and loan syndication for Renewable Energy projects. The MoU will empower IREDA and BoI to co-lend and co-originate for Renewable Energy projects including Small Hydro and Ethanol projects. Both organisations will also strive to fix interest rates for IREDA borrowings for a period of three to four years.

Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.

Peers
Company Name CMP
State Bank Of India 955.90
PNB 116.55
Bank Of Baroda 237.60
Canara Bank 120.20
Union Bank Of India 171.50
View more..