PTC India Financial Services and International Finance Corporation collaborate to boost financing for renewable energy projects
"We are continuously working on cost reduction. Our interest spread will continue to remain around 4.4 percent," RM Malla, MD & CEO, PTC India Financial Services said.
RM Malla, managing director and chief executive officer, PTC India says the company can produce one lakh and 50 thousand megawatts (MW) of energy in 10 years only from solar energy.
What will be the impact of the action taken already and what is the RBI trying to tell us about the way ahead? Experts delineate RBI’s words as well as the road ahead for the economy.
In an interview with CNBC-TV18’s Vidhi Godiawala, RM Malla, Chairman and Managing Director, IDBI Bank, speaks about the results and gives his outlook going forward.
Talking about IDBI Bank's numbers at a press conference, chairman and managing director RM Malla mentioned that no penalty will be levied for premature removal of fixed deposits. He also stated that senior citizens, henceforth, would get additional 75 basis points interest in FDs.