Q. Which bank of India has introduced the Green Rupee Term Deposit?
Answer:
State Bank of India (SBI)
Notes: Recently, the State Bank of India (SBI) launched the SBI Green Rupee Term Deposit (SGRTD). The SGRTD is a deposit scheme that aims to raise funds for environmentally-friendly initiatives and projects. The scheme is open to NRIs, non-individuals, and resident individuals. The SGRTD has tenors of 1,111 days, 1,777 days, and 2,222 days. The SGRTD offers flexible tenors.