State Bank of India Targets 10% Green Advances Portfolio by 2030

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

SBI Targets 10% Green Advances by 2030, Launches CHAKRA for Green Transition

Representational image (Image: News18)

N

News18•22-02-2026, 18:45

SBI Targets 10% Green Advances by 2030, Launches CHAKRA for Green Transition

•State Bank of India (SBI) aims to increase its green advances portfolio to 7.5-10% by 2030.
•25% of these green advances will be funded through green lines of credit.
•SBI launched CHAKRA, a Centre of Excellence, to finance sunrise sectors like renewable energy and green hydrogen.
•The bank hosted its sixth SBI Green Marathon in Mumbai, drawing over 10,000 participants.
•SBI is committed to achieving carbon neutrality by 2030 and Net Zero by 2055.

Read Full Article on News18 in English

✦

More like this

✦

More like this

Representational image (Image: News18)

BoB Makes History: Raises Rs 10,000 Cr via Green Bonds, First in India

World Bank Backs India's Solar Mission: SBI Gets $197M Guarantee for Rooftop Solar

World Bank Backs India's Solar Mission: SBI Gets $197M Guarantee for Rooftop Solar

India was DBS’s fastest growing sustainable finance market in 2025: DBS Bank’s Head of Sustainable Finance

India Emerges as DBS's Fastest Growing Sustainable Finance Market in 2025

Representational image (Image: News18)

UK's BII Exceeds $1 Billion Climate Investment in India, Boosts EV Sector

Hemant Taneja, CEO and Managing Director, General Catalyst

General Catalyst Pledges $5 Billion for Indian Startups, a 5X Investment Surge

Representational image (Image: News18)

Power Sector Crucial for India's Economic Growth: CAG K Sanjay Murthy