The bank said the scheme is open to all individuals including non-resident Indians and offers investors the flexibility to choose from three distinct tenors: 1,111 days, 1,777 days, and 2,222 days.
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Country’s largest lender State Bank of India (SBI) on Friday launched a green rupee term-deposit scheme with an aim to finance environment-friendly projects.
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The bank said the scheme is open to all individuals including non-resident Indians and offers investors the flexibility to choose from three distinct tenors: 1,111 days, 1,777 days, and 2,222 days.
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Currently, the scheme is available through the branch network and it will soon be made available through digital channels such as Yono and online banking, chairman Dinesh Khara said in a statement.
