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SBI

Jakson & SBI Join Forces To Facilitate Solar Financing

2024-08-09
By: Vartika
On: August 9, 2024

Jakson Engineers Limited and State Bank of India (SBI) have formed a strategic partnership to boost solar energy adoption in India. This collaboration, dubbed Surya Shakti Solar Finance, aims toContinue Reading

SBI

SBI Will Lend Rs 1,240 Cr. For Solar Projects

2022-12-20
By: Staff Reporter
On: December 20, 2022

The State Bank of India (SBI) has struck a credit deal worth 150 million euros (Rs 1,240 crore) with the German development bank KfW to build solar projects. The long-termContinue Reading

SBI

SBI Is Caught Between Two Opposing Views Of Development

2021-06-04
By: Vartika
On: June 4, 2021

India’s biggest bank, State Bank of India (SBI), is caught between Larry Fink and Narendra Modi. It is being asked to finance coal projects to meet the Indian leader’s pushContinue Reading

Rooftop Solar Needs Funding To Achieve The Targeted Growth

2020-05-12
By: Roshan
On: May 12, 2020

The rooftop solar market has been challenging due to a lack of general awareness, financing woes, and the unwillingness of distribution companies to help. It has struggled to catch onContinue Reading

$650 million Via Green Bond Come To SBI Coffers

2018-09-20
By: Staff Reporter
On: September 20, 2018

State Bank of India raised $650 million via green bonds, proceeds of which will be used to fund environment-friendly projects. It received a total subscription of about $1.6 billion. TheContinue Reading

SunSource Energy gets investment from SBI’s Neev Fund

2018-02-19
By: Staff Reporter
On: February 19, 2018

State Bank of India (SBI) has invested an undisclosed amount from its Neev Fund in Indian solar player SunSource Energy, for developing solar project assets in states with low levelsContinue Reading

Rs 2,317 crore worth SBI credit facilities for Rooftop Solar

2017-11-01
By: Staff Reporter
On: November 1, 2017

State Bank of India (SBI), the country’s largest commercial bank, announced today the sanction of credit facilities amounting to Rs 2,317 crore with aggregate capacity of 575 MW to corporatesContinue Reading

SBI To Raise $3 Billion Through Green Bonds

2017-09-25
By: Staff Reporter
On: September 25, 2017

India’s largest bank — State Bank of India (SBI) — is reportedly planning to launch several green bond issues to raise a total of $3 billion. It will target internationalContinue Reading

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