SBI aims to hike its green advances portfolio up to 10 pc by 2030
SBI aims to hike its green advances portfolio up to 10 pc by 2030 is drawing significant interest across the industry.
NEW DELHI, Feb 22 : State Bank of India (SBI) — the country’s biggest lender — has set a goal of increasing green advances to 7.5-10 per cent by 2030, with 25 per cent of these advances to be funded through green lines of credit. Green advances portfolio was 1.56 per cent of the bank’s total advances as on March 31, 2025. Further strengthening this strategy, SBI has launched CHAKRA, a Centre of Excellence to finance sunrise sectors such as […]
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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