BANK NEWS
SBI, EIB jointly supports Indian SMEs, announced establishment of Neev Fund II
"We are pleased to announce the establishment of Neev Fund II as a joint commitment by SBI along with the European Investment Bank (EIB)."--SBI
New Delhi: India's Largest public bank State Bank of India (SBI) and European Investment Bank make joints commitments of up to EUR 45mn to Neev Fund II to champion sustainable solutions in climate change, environment, and socially conscious sectors.
SBI said, "We are pleased to announce the establishment of Neev Fund II as a joint commitment by SBI along with the European Investment Bank (EIB)."
This initiative pledges to support Indian SMEs achieve a pioneering role in climate action and socially conscious investments.
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