Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1402)

2019-12-17 Banking

1402.

Which bank has signed a loan agreement with German development bank to establish energy-efficient housing programme in India?

SBI Bank

RBI Bank

ICICI Bank

BOB Bank

Answer: Option

Explanation:

State Bank of India (SBI) has signed a loan agreement with KfW, the German development bank, worth $277 million on 16 December 2019. The arrangement of the loan and the grant facilities was facilitated by SBI's investment banking subsidiary SBI Capital Markets Ltd.