Tuesday, March 11, 2025

NBFCs seek FAME, PLI-like scheme to incentivise EV finance

The Finance Industry Development Council has requested a scheme to incentivise electric vehicle financing, pointing out that EV financing is a major bottleneck. The council proposed a dedicated fund for non-bank financial companies to finance EV loans with subsidised interest rates and called for initiatives similar to the FAME and PLI schemes.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/cYOhVas

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