State Bank of India signs $274 million agreement with Germany's KfW Development Bank to provide loan facility for affordable housing
State Bank of India (SBI) on Friday signed $274 million (nearly Rs 1,822.9 crore) agreement with Germany's KfW Development Bank to provide loan facility for affordable housing in India.
The facility is designed to complement the Government of India's flagship affordable housing programme, the Pradhan Mantri Awas Yojana. Representational Image. Image Source: Reuters