New Enroll in RBI Grade B New Batch - Starts on May 21

    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?
    A Punjab National Bank Correct Answer Incorrect Answer
    B Union Bank of India Correct Answer Incorrect Answer
    C Central Bank of India Correct Answer Incorrect Answer
    D State Bank of India Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    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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