SIDBI has tied up with which Indian bank for World Bank energy efficiency initiative?
SIDBI has tied up with which Indian bank for World Bank energy efficiency initiative?
[A]Sate Bank of India
[B]Yes Bank
[C]HDFC Bank
[D]ICICI Bank
Yes Bank
The Small Industries Development Bank of India (SIDBI) has partnered with Yes Bank under the Partial Risk Sharing Facility (PRSF) for financing energy efficiency projects programme sponsored by the World Bank. As per the agreement, SIDBI will guarantee 75% of loans of up to Rs. 15 crore extended to the energy efficiency projects. SIDBI is the project execution agency whereas YES Bank is empanelled for the programme.