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25-Feb2019

Bank of Baroda ties up with KfW to fund solar projects

Bank of Baroda has tied up with Germany's KfW Development Bank to extend funding of $113 million to refinance solar projects, under the Solar Partnership II - Promotion of Solar PV in India. This proposal constitutes part of the overarching Indo-German Solar Energy Partnership.

Under an inter-governmental Memorandum of Understanding (MoU) in 2015, Germany has committed to providing financing support through KfW Development Bank for solar photo voltaic investments.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.


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