Bank of India BOI & IREDA Join Hands in Green Finance
Mumbai: As stakeholders in sustainable development and carbon compliant economy, Bank of India and Indian Renewable Energy Development Agency (IREDA) have joined hands for co-lending, co- origination & loan syndication in renewable energy segment among others.
Memorandum of Understanding (MOU) has been signed at the headquarters of Bank of India on Aug 22 in the presence of the MD & CEO Bank of India – A K Das & CMD IREDA- P K Das.
The partnership with IREDA, a Mini Ratna which is an established player in the field of renewable energy, would provide a good opportunity to the bank in terms of ESG business.
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