Green finance: SBI inks 100 mn euro credit pact with AFD; targets stronger climate action

State Bank of India (SBI) has secured a EUR 100 million Line of Credit agreement with Agence Française de Développement (AFD) at GIFT City to promote green financing initiatives. This partnership aims to support climate mitigation and adaptation projects, furthering India’s transition to a low-carbon economy. SBI intends to build a green loan portfolio comprising 7.

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