Tuesday, 16 May 2017

Yes Bank, Bureau of Energy Efficiency in PFI pact

Yes Bank signed a pact with Bureau of Energy Efficiency to become the participating financial institution (PFI) to avail risk guarantee under the partial risk guarantee fund for energy efficiency, reported PTI. The partial risk guarantee fund for energy efficiency (PRGFEE) is a risk sharing mechanism that provides Yes Bank with a partial coverage of risk involved in extending loans to energy efficiency projects with an objective of scaling-up Energy Efficiency investments in India.

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