Question
Recently which of the following public sector bank has
signed a 150-million-euro (Rs 1,240 crore) loan agreement with the German development bank KfW for funding solar projects?Solution
State Bank of India has signed a 150 million euro (Rs 1,240 crore) loan agreement with the German development bank KfW for funding solar projects. The long-term loan, under the Indo-German solar partnership, will facilitate new and upcoming capacities in the solar sector and further contribute to the country's goals announced during the COP26.
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