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"Both Union Bank of India and Bank of Baroda have an extensive nationwide presence with a vast network of branches. This collaboration aims to extend our reach, particularly in tier-2 & tier-3 cities and rural areas, enabling us to provide unique and innovative financial support to existing and new customers," CMD of IREDA, Pradip Kumar Das said in a media statement.
The MoU with Union Bank of India was formally inked by the General Manager (Technical Services), IREDA, B ha rat Singh Rajput and the General Manager (Large Corporate Vertical), UBI, Dhirendra Jain. The signing ceremony was attended by Chairman and Managing Director of IREDA, Pradip Kumar Das; Managing Director & CEO of UBI, A Manimekhalai and senior officials.
The MoU with the Bank of Baroda was executed by the General Manager (Technical Services), IREDA, Bharat Singh Rajput and General Manager, BoB, Dhiren Lalai. The signing ceremony witnessed the presence of IREDA CMD and MD & CEO of BoB, Debadatta Chand, along with Executive Director La I it Tyagi. Other senior officials of BoB, Head-Large Corporate Relationships, Sumit Sachdeva and Head-Credit, Manoj Chayani were also present on the occasion.
In recent years, IREDA has been actively encouraging partnerships with various Central and State agencies as well as financial institutions to leverage its tech no-financial expertise for the development of the renewable energy sector. |
