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SBI secures €150m for green energy projects from German development bank

December 15, 2025 at 12:59 PM UTCBy FilingReader AI

State Bank of India (SBI) announced it will sign a €150 million line of credit (Phase 2) with KfW, the German development bank, to finance climate-friendly energy generation projects. The agreement is scheduled to be formalized on December 16, 2025, at KfW Headquarters in Frankfurt.

The facility is earmarked specifically for projects that support climate-friendly energy generation, underscoring SBI's commitment to sustainable finance.

The announcement was communicated by Shima Devi, AGM (company secretary), on December 15, 2025, to both BSE Limited and the National Stock Exchange of India Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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