In its business update, IREDA reported a 303% increase in loans sanctioned for the first half of the financial year, reaching ₹17,860 crore, up from ₹4,437 crore. Disbursements rose by 56% to ₹9,787 crore. The loan book outstanding grew by 36% to ₹64,500 crore. IREDA plans to raise up to ₹4,500 crore through an equity issue, potentially diluting the government’s 75% stake.
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