Question
Which bank has launched a dedicated centralized
processing cell - ‘Surya Shakti Cell’ with an aim to strengthen the existing financing arrangement for solar power projects?Solution
With an aim to strengthen the existing financing arrangement for solar power projects, the State Bank of India (SBI) has launched a dedicated centralized processing cell - ‘Surya Shakti Cell’. The Bank has entered into an agreement with Tata Power Solar Systems (a Tata Power Company) for financing solar projects.
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