SBI also wants the inclusion of green finance in priority sector lending mandate. (Photo: Vijay Sartape/ NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Country's largest lender SBI is in talks with the government for having a credit guarantee scheme for risky, new-age sectors, its managing director Ashwini Kumar Tewari said on Monday.

SBI also wants the inclusion of green finance in priority sector lending mandate, but the RBI and the government are averse to the idea because of the crowding-out effects on other aspects, Tewari said.

Speaking at the CII Finance Summit, Tewari said SBI will soon be inaugurating a centre of excellence that will help not just itself but the broader universe of financiers with aspects like drafting policies on lending, assessin

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