Summary: — ## **1. Background and Trigger for the OM** MNRE received a letter from AISIA dated **31 August 2025**, raising alarms about excessive capacity creation in solar PV module manufacturing in India. AISIA pointed out: * Domestic **module manufacturing capacity is nearly 4× India’s annual demand**. * Continued lending for new standalone module and […]
Bankers remain cautious over lending to corporates
On Wednesday, SBI chairman Rajnish Kumar said if other banks cease to lend to infrastructure projects, it only means a fresh opportunity for SBI. The continuing stress on the balance sheets of a large swathe of companies appears to have made bankers cautious about lending to the corporate sector. Four of the largest banks — […]