Current Affairs - Banking

Exercise : Banking - Latest Current Affairs

Banking - Latest Current Affairs

216.

Which bank has launched the Green Rupee Term Deposit (SGRTD) to gather funds for supporting environmentally friendly projects in India?

HDFC Bank

State Bank of India

ICICI Bank

RBL Bank

Answer: Option

Explanation:

The State Bank of India (SBI), the largest bank in the country, introduced the SBI Green Rupee Term Deposit (SGRTD) to accumulate funds dedicated to environmentally-friendly projects. This initiative aligns with the government's goal of achieving net carbon neutrality by 2070, contributing to the development of a green finance ecosystem in India.

Date : 2024-01-13