Question
Which bank will sign a 70 million euro (about Rs 630 crore) Line of Credit (Lo
- C with German Development Bank KfW for promoting solar projects & supporting Solar Photovoltaics (P
- V projects in India ?
Solution
State Bank of India (SBI) will sign a 70 million euro (about Rs 630 crore) Line of Credit (LoC) with German Development Bank KfW for promoting solar projects in the country. The LoC is aimed at supporting Solar Photovoltaics (PV) projects in India
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