SBI launches carbon credit finance

SBI launches carbon credit finance

BS Reporter / Mumbai August 06, 2007

State Bank of India (SBI) has signed MoUs with Mitcon Consultancy Services, Ecosecurities India and Cantor CO2E India for jointly providing one-stop solutions to industries for clean development mechanism (CDM) projects and emissions trade.

The MoU was signed by Mrs. Bharati Rao, deputy managing director & chief credit officer, in the presence of chairman O P Bhatt and other senior functionaries of the bank in Mumbai today.

"As India