State Bank of India (SBI) plans to increase its green advances portfolio to 7.5 per cent-10 per cent by 2030, with 25 per cent of these advances to be funded through Green Lines of Credit.
Rama Mohan Rao Amara, Managing Director, SBI, said, “At SBI, sustainability is integral to our purpose …… As we progress towards carbon neutrality by 2030 and Net Zero by 2055, we remain committed to financing India’s green transition and enabling collective climate action, while progressing towards its goal of achieving carbon neutrality by 2030 and Net Zero by 2055.”
Further strengthening the green transition strategy, SBI has launched CHAKRA, a Centre of Excellence to finance sunrise sectors such as renewable energy, electric mobility and green hydrogen, accelerating India’s green transition.
Published on February 22, 2026
