Section

SBI in talks with RBI to lower cash reserve ratio requirement on green deposits

By Economic Times - 9 months ago
State Bank of India (SBI) chairman Dinesh Khara is in talks with the Reserve Bank to reduce the cash reserve ratio on green deposits. SBI's green deposit scheme aims to attract long-term retail deposits for green and climate-friendly projects. SBI is also evaluating borrowers based on environmental, social, and governance ratings.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.