Current Affairs - Banking - Discussion

Solex Energy has collaborated with the State Bank of India (SBI) to facilitate financing for solar projects aimed at commercial, industrial, and institutional clients. Under the Surya Shakti Solar Finance Scheme, SBI will provide loans up to ₹10 crore, helping to make solar energy more affordable and accessible. This partnership will allow Solex Energy to expand solar solutions by supporting clients with site assessments, design, and approvals, while SBI ensures a streamlined loan application process via its digital platform, enhancing solar adoption in India.