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The Economic Times

Economy / The Economic Times

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Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MD

Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for public, captive, and fleet charging stations under various models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum tenure of eight years.

1 Nov 2026 11:35 am