Question
Which financial tech firm has received regulatory
approval from the Reserve Bank of India (RBI) to operate as a green retail non-deposit taking non-banking financial company?Solution
Eversource-promoted Accretive Cleantech Finance Private Ltd, operating as Ecofy has received regulatory approval from the Reserve Bank of India (RBI) to operate as a non-deposit taking non-banking financial company (NBFC). This makes Ecofy one of its kind green retail NBFC in the country. Ecofy will lend to individuals and small businesses to accelerate the transition towards a net zero carbon world. The company will offer financial solutions for green asset classes such as electric vehicles (two and three-wheelers), rooftop solar and energy-efficiency SMEs.
“Herath” is a festival related to?
Consider the following statements regarding Net Foreign Direct Investment (FDI) in Q1 FY 2024-25:
1. Net FDI during April-June 2024 was $6.9 bill...
For snow-bound areas, what is the reference date for the Census 2027 enumeration?
Exercise Vayushakti-26 was conducted at which location?
What is the significance of the recently launched warship 'Triput' constructed by Goa Shipyard Limited (GSL) for the Indian Navy?
According to Deloitte, what is the projected GDP growth for India in FY25?
Central government has extended the decision to keep ‘free-import’ policy for two varieties of tur and urad by _____.
Achyut Potdar, who passed away at 91, had worked in which organisation before starting his acting career?
________ and Siemens Ltd. signed a Memorandum of Understanding (MoU) to demonstrate the feasibility of hydrogen co-firing blended with natural gas.
Higher Education Financing Agency (HEFA) is a joint venture of the Ministry of Education and which of the following banks?
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