By:- Govind Sankaranarayanan, Co-founder & COO, Ecofy
“The 25 basis points increase in the repo rate to 5.5% was broadly expected, given the current inflationary pressures. For the green finance industry, we see this as a phase where maintaining access to financing will remain important to support the continued adoption of sustainable solutions. While borrowing costs may see some movement in the near term, the underlying demand for rooftop solar, electric mobility, and other green solutions remains strong. As consumers and businesses increasingly look for ways to manage energy costs and adopt cleaner technologies, green financing will continue to play an important role in enabling this transition.”
