Original article written by: Press trust of India
The largest lender in the nation, State Bank of India (SBI), introduced a green rupee term-deposit scheme on Friday with the intention of funding environmentally beneficial initiatives.The scheme, according to the bank, is available to everyone, including non-resident Indians, and gives investors the option to select from three different tenors: 1,111 days, 1,777 days, and 2,222 days.Currently, the initiative is available through the branch network and it will soon be made available through digital channels such as Yono and internet banking, chairman Dinesh Khara said in a statement. According to a statement from chairman Dinesh Khara, the initiative is currently accessible through the branch network and will soon be made available through digital channels including Yono and internet banking.