Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2107)

2017-06-03 Banking

2107.

Which bank clears 100 Mw solar projects worth Rs 400 cr under World Bank programme?

HDFC Bank

Canara Bank

State Bank of India

Vijaya Bank

Answer: Option

Explanation:

State Bank of India and the World Bank announced that they had financed 100 MW of rooftop solar projects worth Rs400 crore in India. SBI got a loan of $625 million from the World Bank via Grid-Connected Rooftop Solar PV (GRPV) projects undertaken by developers, aggregators, end-users, for installation of rooftop solar systems.