Proposed 2G ethanol plants were to offer a solution to this problem. The RBI’s large exposure framework restricts our exposure to a single borrower to 20% of our capital base," said a senior banker with a large public sector bank. in 2016, the large exposure framework seeks to reduce concentration risk in the banking industry, already saddled with bad loans. government with an aim to reduce crude oil import and contain the oil import bill has been promoting ethanol production for India’s energy security. The new Biofuel Policy 2018 allows the use of other than molasses as feedstock to manufacture ethanol in the country.

Source: Mint November 05, 2019 07:41 UTC