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SBI signs €100 million loan pact with European Investment Bank

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India’s largest public sector bank, the State Bank of India (SBI) has signed a loan agreement for €100 million with the European Investment Bank (EIB) to support the private sector’s development in India — in particular small and medium-sized enterprises, social and economic infrastructure as well as climate change mitigation and adaptation.

Knowledge is Wealth

  • The European Investment Bank (EIB) is a non-profit long-term lending institution, established in 1958 under the Treaty of Rome.
  • The Headquarters of EIB is Luxembourg
  • The current CMD of SBI, Arundhathi Bhattacharya is the first woman Chairperson of SBI.
  • The slogans of SBI are
    • With you all the way
    • The Nation banks on us
    • The Banker to every Indian
    • Pure Banking Nothing Else