Signature(s)
Summary sheet
- Credit lines - Credit lines
A dedicated EIB loan to finance investments promoted by SMEs and Mid-caps in favour of the State Bank of India that will contribute to private sector development and other priorities under the Mandate such as development of social and economic infrastructure and Climate Change mitigation and adaptation.
An indicative amount of 70% will be used to finance private sector entities eligible under the Bank's SME COP objective, in non-excluded sectors of the economy.
Environmental and Social risks identified at appraisal will be mitigated by adapting the side-letter with allocation conditions in line with EIB Standards where applicable.
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement. However, the operation will be limited to private sector entities only, implying that there are no public procurement related concerns at the outset
This operation is covered by the ELM Guarantee.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
News & Stories
General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Media enquiries
Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.
Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
Related publications