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Yes Bank Launched Solar Financing Scheme ‘YES KIRAN’ for MSMEs

Published on May 11, 2023
Current Context: It is a new lending scheme launched by Yes Bank to offer financial assistance to MSMEs that want to install solar power panels on their buildings or premises.
Yes Bank Launched Solar Financing Scheme ‘YES KIRAN’ for MSMEs
  • The scheme aims to help MSMEs adopt sustainable energy practices, reduce their operational costs, and achieve their sustainability goals.
  • The bank has partnered with leading solar panel manufacturers like Tata Power Solar Systems, Goldi Solar, Loom Solar, Panasonic Solar Power System for smooth transition to solar power solutions.
  • MSMEs can avail a term loan of up to INR 3 crore for six years, with a moratorium of six months.

Question:

Q.1 What is the name of the solar financing scheme launched by Yes Bank for MSMEs?
a. YES KIRAN
b. YES SURYA
c. YES URJA
d. YES PRABHA
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