Question

Which bank  will sign a 200 million euro (about Rs 1,800 crore) Line of Credit (LoC) with the European Investment Bank (EIB) for supporting climate action projects in the country with special focus on  supporting Solar Photovoltaics (PV) projects  ?

A State Bank of India Correct Answer Incorrect Answer
B Canara Bank Correct Answer Incorrect Answer
C Union Bank of India Correct Answer Incorrect Answer
D Punjab National Bank Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

State Bank of India (SBI) will sign a 200 million euro (about Rs 1,800 crore) Line of Credit (LoC) with the European Investment Bank (EIB) for supporting climate action projects in the country.The LoC is aimed at supporting Solar Photovoltaics (PV) projects in India.

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