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State-run banks propose priority sector lending norms for EVs, clean energy

Tuesday, August 25, 2026 - 09:03
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State-run banks propose priority sector lending norms for EVs, clean energy
The proposals include specific lending limits of up to ₹2 lakh for electric two-wheelers and ₹20 lakh for electric four-wheelers for personal use. They also propose limits of ₹25 crore for charging and battery-swapping infrastructure, and ₹50 crore for commercial electric-vehicle fleet operators.

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