2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Germany’s KfW Development Bank and ______ has tied up for funding USD 130m to Refinance Solar Units.
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Punjab National Bank
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Bank of Baroda
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Dena Bank
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Axis Bank
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Explanation:
Detailed explanation-1: -State Bank of India (SBI) has signed an agreement with Kreditanstalt für Wiederaufbau (KfW) to receive a low-interest loan of €150 million ( $150.66 million) to finance solar projects in India.
Detailed explanation-2: -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.
There is 1 question to complete.