Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional
Baua Electric
JANUARY 10, 2024
Axis Bank has extended a loan of Rs 1 billion to Everest Fleet to empower them to purchase electric vehicles to be deployed as green taxis in India. Through this blended finance transaction, we have supported a service model and mobilised development capital.” The loan is for four years.
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