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

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.

• 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