SBI gets 150m euro loan from German KfW for solar projects

Daily Current Affairs / SBI gets 150m euro loan from German KfW for solar projects

Change Language English Hindi

Category : Business and economics Published on: November 21 2022

Share on facebook

State bank of India has signed a 150 million euro ( ₹1,240 crore) loan agreement with the German development bank KfW for funding solar projects.
This is the second loan from KFW to SBI as part of the solar partnership with India as another loan for the same amount has already been disbursed.
In 2015, New Delhi and Berlin had signed a memorandum of understanding to foster solar energy through technical as well as financial cooperation.

PM Narendra Modi chaired a high-level deliberation session focusing on key national policy and governance priorities.
Read More....
Nagaland celebrates its Statehood Day on 1st December, marking its 1963 formation and the start of the Hornbill Festival.
Read More....
India releases Basic Animal Husbandry Statistics 2025, showing record growth in milk, eggs, meat, and wool production.
Read More....
PM Modi unveils 77-foot Lord Ram statue at Partagali Math, celebrating 550 years of the spiritual institution.
Read More....
India strengthens Afghanistan’s healthcare by delivering 73 tonnes of medicines, vaccines, and essential supplies.
Read More....
India launches Operation Sagar Bandhu, sending 27 tonnes of relief material and NDRF teams to aid Sri Lanka after Cyclone Ditwah.
Read More....
Jay Shah named “Indian of the Year 2025” for transforming Indian and global cricket, including WPL and gender pay parity reforms.
Read More....
Vivek Chaturvedi appointed CBIC Chairman, succeeding Sanjay Kumar Agarwal after his retirement on November 28, 2025.
Read More....
IMF retains C-grade for India’s GDP data as MoSPI reports 8.2% growth and prepares a new 2022–23 base year.
Read More....
India has been re-elected to the International Maritime Organisation (IMO) Council for 2025–26, securing the highest votes (154) in Category-B.
Read More....

SBI gets 150m euro loan from German KfW for solar projects