Bank of Baroda has signed a Memorandum of Understanding (MoU) with Indian Renewable Energy Development Agency (IREDA). This agreement will facilitate co-lending and loan syndication for a wide range of Renewable Energy (RE) projects and will accelerate the growth of renewable energy in India.
This MoU will empower IREDA and Bank of Baroda to collaborate in co-lending for renewable energy projects, including both established and emerging RE technologies.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.