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ICICI Bank mulls exclusive lending facility for clean energy technology

Taking a lead among all the banks in the country with its pro-environment initiatives, ICICI Bank is working on an exclusive lending facility for businesses and people working in areas of clean energy and energy efficiency.
“We are always on the lookout for good projects that seek to develop and/or deploy clean energy technologies. We have the resources to support a large number of such projects and we would want to expand our activities in this area,” ICICI Bank Managing Director and CEO Chanda Kochhar said.
Talking about the steps being undertaken by ICICI Bank for lending towards clean energy sector, Kochhar said that the bank also provides concessional finance to the projects in these areas and the concessions depend on various criteria.
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