TAG: "Bank of India"

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REC Limited Signs MoU with Bank of India to Co-Finance Loans Amounting to INR 30,000 Crore

REC Limited signed an MoU with Bank of India (BoI) to explore the possibility of funding the Power Sector and Infrastructure & Logistics Sector projects under the consortium arrangement.

Bank Of India | October 19, 2023 | By News Bureau | 282

SIDBI Announces Mission 50K-EV4ECO to Uptake EV Ecosystem Development

Small Industries Development Bank of India (SIDBI) announced Mission 50K-EV4ECO thereby prioritising EV ecosystem development.

Bank Of India | April 13, 2023 | By News Bureau | 978

Climate-Smart Deeptech Company Ecozen Raises $25 Mn, Led by Nuveen

Ecozen has raised $25 million of combined equity and debt capital.

Bank Of India | January 25, 2023 | By News Bureau | 1257

Largest-Ever Syndicated Term Loan of $ 1,175 Mn Raised by Indian NBFC ‘REC’

In a landmark transaction, power sector major lender REC Ltd (REC) has successfully raised USD 1,175 million from a consortium of seven banks as the Mandated Lead Arrangers and Bookrunners (MLABs).

Bank Of India | January 14, 2022 | By Manu Tayal | 1565

NTPC REL Signs Rs 500 Cr Green Term Loan Pact with Bank of India for 670 MW Solar Projects

State-owned power sector major NTPC said that its wholly-owned subsidiary, NTPC Renewable Energy Ltd (REL) has recently signed the first green term loan agreement with the Bank of India for Rs 500 crore.

Bank Of India | September 30, 2021 | By Manu Tayal | 1572