A billion dollar fund for 2/3-wheeler EV financing is on anvil - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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A billion dollar fund for 2/3-wheeler EV financing is on anvil

The entities will initially set up a $300 million "first loss risk sharing instrument", a person involved in the talks said. "The funds would be available for all financial institutions to access as a first-loss instrument," he said.

from Industry-Economic Times
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