The Cash Crunch
Public sector banks in India are staring at humongous piles of bad debts, delinquent loans are rising unabated. Ballooning bad debts have caused 10 Indian state-owned banks to report losses of a whopping Rs.153 billion for the March, 2016 quarter. India Ratings, a Fitch associate, estimates that 21 per cent of the total bank credit is stressed.
RenXSol installs 400 kW project
Bengaluru-based solar solutions enterprise and solar consultants RenXSol Ecotech Pvt. Ltd., announced that the 400 kW rooftop power plant at Karnataka State Cricket Association´s M Chinnaswamy Stadium was successfully installed to BESCOM grid, post CEIG approvals.
Advertise Here [300 W x 250 H pixels]