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SBI, German Development Bank KfW signs $274 mn agreement

SBI, German Development Bank KfW signs $274 mn agreement

Friday, March 10, 2017, 5:39 PM

Country's largest lender State Bank of India today said it has signed an agreement with German KfW Development Bank for USD 274 million (Rs 1,800 crore) loan facility to finance affordable housing segment in the country. With its focus on housing loans for economically weaker sections (EWS) and lower income group (LIG) households, affordable housing programme, the Pradhan Mantri Awas Yojana.
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