2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HHV Solar Technologies
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Kotak Urja
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Tata Power
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Icomm Tele
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Detailed explanation-1: -Tata Power partners with SIDBI to launch affordable & collateral-free financing for Rooftop Solar for MSMEs Consumers.
Detailed explanation-2: -Tata Power and SIDBI partner to launch affordable financing for MSMEs in rooftop solar segment.
Detailed explanation-3: -Role of SIDBI SIDBI is mandated to serve as the Principal Financial Institution for executing the triple agenda of promotion, financing and development of the MSME sector and coordination of the functions of the various Institutions engaged in similar activities.
Detailed explanation-4: -SIDBI offers Working Capital Assistance, Term Loan Assistance, Foreign Currency Loan, Support against Receivables, equity support, Energy Saving scheme for the MSME sector, etc. under its various direct finance loan schemes.
Detailed explanation-5: -Interest rate of 6% p.a. (5.50% p.a. for women run / owned enterprises). Repayment upto 5 years (3 years for WCTL).