India's IREDA up on rise in loan sanctions, disbursements

Indian Renewable Energy Development Agency

01/07/2024 05:34

** Shares of Indian Renewable Energy Development
Agency INAR.NS  are up 4% at 198 rupees 
    ** Renewables lender said on Sunday its loans sanctioned
surged nearly five times year-on-year in the June-qtr, while
disbursements climbed 68%
    ** IREDA has surged nearly four times since listing in
November 2023; up 92% so far in 2024

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))