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The Economic Times
The Economic Times
Business

PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energy

Renewable Energy RBI SBI

Mumbai: State-owned lenders witnessed a sharp surge in green deposit mobilisation in FY26 amid increased depositors awareness and the maturation of the Reserve Bank of India's (RBI) Green Deposit Framework, introduced in 2023.

According to PTI's analysis of banks' Annual reports for 2025-26, eight state-owned lenders raised Rs 3,733.11 crore in FY26 through green deposits, compared to Rs 1,831.79 crore in the year-ago period.

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