MoneyWorks4Me

SBI, World Bank sanction loans worth Rs 2,317 crore for rooftop solar projects

31 Oct 2017 Evaluate

State Bank of India (SBI) in collaboration with the World Bank has sanctioned loans worth Rs 2,317 crore to finance grid-connected solar rooftop projects in the country. The loans are intended for developers and end-users for installation of rooftop solar systems on the rooftops of commercial, institutional and industrial buildings.

The financing is being provided to those with sound technical capacity, relevant experience, and creditworthiness that meet SBI standards.

State Bank of India (SBI) offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.


Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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