SBI signs €100 million loan pact with European Investment Bank

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