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Axis Bank extends Rs 1 billion loan to Muthoot Capital to accelerate e-mobility in India

By Economic Times - 2 months ago
Axis Bank has extended a Rs 1 billion loan guarantee to Muthoot Capital, in partnership with GuarantCo, to promote electric vehicle adoption in rural and non-metro regions of India. This initiative aims to reduce emissions, enhance air quality, and provide affordable transport solutions while supporting the development of green infrastructure.

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