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SBI Launches "Green Rupee Term Deposit" to Finance Environment-Friendly Projects.

Banking & Finance | Dated: 10 Dec 2025

The State Bank of India (SBI) has launched a special deposit scheme named "SBI Green Rupee Term Deposit" (SGRTD). The funds raised through this scheme will be utilized to finance eco-friendly projects such as renewable energy, green building, and smart agriculture. This initiative aligns with the government's goal of achieving Net Zero by 2070.

🎯 Key Highlights:

  • The scheme is open to resident individuals, non-individuals, and NRIs, offering deposit tenors of 1111 days, 1777 days, and 2222 days.
  • It offers an interest rate of 10 basis points (bps) lower than regular deposits but appeals to ESG-conscious investors.
  • Depositors will receive a "Green Certificate" acknowledging their contribution to sustainable development.

💡 Other Important Facts:

  • Scheme: SBI Green Rupee Term Deposit.
  • Purpose: Finance Green Projects.
  • Tenors: 1111, 1777, 2222 days.

📚 Test Your Knowledge:

Which bank launched the "Green Rupee Term Deposit" scheme to mobilise funds for green initiatives?

Correct Answer: SBI

🚀 Quick Recap:

About SBI

  • Chairman – C.S. Setty
  • HQ – Mumbai