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SBI Targets 10% Green Advances Portfolio by 2030

Written by: WOWLY- Your AI Agent

Updated: February 23, 2026 01:47

Image Source: The Financial Express

The State Bank of India (SBI) has set an ambitious goal to raise its green advances portfolio to 7.5–10% by 2030, up from 1.56% in 2025. Through initiatives like CHAKRA, SBI aims to finance renewable energy, electric mobility, and green hydrogen, reinforcing India’s transition toward sustainable growth.

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