{"id":3395,"date":"2024-04-02T12:51:02","date_gmt":"2024-04-02T07:21:02","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=3395"},"modified":"2024-04-02T12:51:02","modified_gmt":"2024-04-02T07:21:02","slug":"ireda-sets-new-record-achieves-highest-ever-loan-sanctions-and-disbursements","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/04\/02\/ireda-sets-new-record-achieves-highest-ever-loan-sanctions-and-disbursements\/","title":{"rendered":"IREDA sets New Record: achieves Highest Ever Loan Sanctions and Disbursements"},"content":{"rendered":"

Indian Renewable Energy Development Agency Limited (IREDA)<\/a>, the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. The company has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal year. This has led to a significant growth of 26.71% in the loan book, which now stands at Rs. 59,650 crores.<\/p>\n

The business performance (provisional) for the quarter and year ended March 31, 2024, subject to audit, is as follows:<\/p>\n

\n\n\n\n\n\n\n\n\n\n
Business Performance for Quarter \/ Year Ended 2023-24 (Provisional)<\/strong><\/td>\n<\/tr>\n
(In\u00a0<\/em><\/strong>Rs.<\/em><\/strong>\u00a0<\/em><\/strong>Crore)<\/em><\/strong><\/td>\n<\/tr>\n
 <\/p>\n

Particulars<\/strong><\/td>\n

For the 4th Quarter<\/strong>\u00a0<\/strong>ended<\/strong><\/td>\nFor<\/strong>\u00a0<\/strong>the Year ended<\/strong>\u00a031st<\/sup>\u00a0M<\/strong>arch<\/strong><\/td>\nGrowth<\/strong>\u00a0<\/strong>(%)<\/strong><\/td>\n<\/tr>\n
2023-24<\/strong><\/td>\n2022-23<\/strong><\/td>\n2023-24<\/strong><\/td>\n2022-23<\/strong><\/td>\nFor Q4<\/strong><\/td>\nYear ended<\/strong><\/td>\n<\/tr>\n
Loan Sanctioned<\/td>\n23,796<\/strong><\/td>\n11,797<\/td>\n37,354<\/strong><\/td>\n32,587<\/td>\n101.71%<\/td>\n14.63%<\/td>\n<\/tr>\n
Loan Disbursements<\/td>\n12,869<\/strong><\/td>\n11,291<\/td>\n25,089<\/strong><\/td>\n21,639<\/td>\n13.98%<\/td>\n15.94%<\/td>\n<\/tr>\n
Loan book Outstanding as on 31st<\/sup>\u00a0March 2024<\/td>\n <\/td>\n <\/p>\n

59,650<\/strong><\/td>\n

 <\/p>\n

47,076<\/td>\n

 <\/td>\n <\/p>\n

26.71%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n

Commenting on the performance of the company, Chairman and Managing Director of IREDA Shri Pradip Kumar Das said: “IREDA’s record loan sanctions and disbursements for the financial year 2023-24 underscore our untiring commitment to driving the renewable energy revolution in the country. This achievement wouldn’t have been possible without the invaluable support of our stakeholders, business-partners, and investors. We are happy to contribute significantly towards Govt. of India’s renewable energy targets and look forward to further amplifying our impact in the coming years.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. The company has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal year. This has led to …<\/p>\n","protected":false},"author":1,"featured_media":3404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1271,1270],"class_list":["post-3395","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business-english-news","tag-indian-renewable-energy-development-agency-limited","tag-ireda"],"yoast_head":"\nIREDA sets New Record: achieves Highest Ever Loan Sanctions and Disbursements - Matribhumi Samachar English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/04\/02\/ireda-sets-new-record-achieves-highest-ever-loan-sanctions-and-disbursements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IREDA sets New Record: achieves Highest Ever Loan Sanctions and Disbursements - Matribhumi Samachar English\" \/>\n<meta property=\"og:description\" content=\"Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. 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