November 05, 2024 11:16 (IST)
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Niti Aayog led study bats for priority sector lending tag to electric vehicles

Niti Aayog led study bats for priority sector lending tag to electric vehicles

New Delhi/UNI: The NITI Aayog along with Rocky Mountain Institute has sought priority sector lending status for electric two-wheelers, three-wheelers and commercial vehicles in the Reserve Bank of India’s (RBI) priority-sector lending guidelines which can help unlock EV financing market of Rs 40,000 crore by 2025 and achieve COP26 targets.