Question

    Which bank will sign a 70 million euro (about Rs 630 crore) Line of Credit (LoC) with German Development Bank KfW for promoting solar projects & supporting Solar Photovoltaics (PV) projects in India ?

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

    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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