BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Bank has tied up with KfW Development Bank for funding of USD 113 million to refinance solar projects?
A
Bank of Baroda
B
Central Bank of India
C
Punjab National Bank
D
Corporation Bank
Explanation: 

Detailed explanation-1: -Mumbai, February 22, 2019: Bank of Baroda has tied up with Germany’s KfW Development Bank for funding of USD 113 million to refinance solar projects under Solar Partnership II – Promotion of Solar PV in India. This proposal constitutes part of the overarching Indo-German Solar Energy Partnership.

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