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loan sanctions News

IREDA's Loan Disbursement Soars by 41% to Rs 17,236 Crore in Q3, Marking a Significant Leap in Renewable Energy Funding

Olivia Carter 01 Jan, 2025

Indian Renewable Energy Development Agency (IREDA) reported a 41% increase in loan disbursement to Rs 17,236 crore in Q3, with loan sanctions soaring by 129% YoY. The outstanding l...

Business

Significant 13% Drop in NBFC Loan Sanctions Marks Q2 FY25 Challenges

Christopher Adams 31 Dec, 2024

In Q2 FY25, NBFCs experienced a 13% decline in loan sanctions, influenced by reductions in gold loans, loans against shares, and unsecured business loans. Urban areas saw a sharp 2...