Mumbai, October 15, 2026: State Bank of India (SBI), the nation’s largest public sector bank, has been recognised at the 13th CII National Award for Environmental Best Practices 2026 for its SBI Surya Ghar – Loan for Solar Roof Top initiative. The project was adjudged an “Excellent Environmental Project” under the Sustainable Solutions and Services category at the national competition organised by the Confederation of Indian Industry (CII) on October 8 and 9, 2026, in Chennai.
The initiative was selected from 316 projects submitted by 145 companies across sectors. Organised by CII–Godrej Green Business Centre under its GreenCo programme, the award recognises excellence in environmental management, sustainability and innovative environmental solutions. Shri R Shailesh Unnithan, CGM (ESG & CFU), received the award on behalf of the Bank.
Commenting on the recognition, Shri Satyendra Kumar Singh, DMD & CCO and Chief Sustainability Officer, SBI, said, “This recognition reinforces SBI’s commitment to financing India’s clean energy transition. By making rooftop solar affordable and accessible, SBI Surya Ghar empowers households to become producers of clean energy, while contributing to the nation’s climate goals.”
As of September 30, 2026, SBI’s solar rooftop loan portfolio stood at ₹20,219 crore, supporting 4.96 GW of capacity across approximately 13.73 lakh outstanding loan-financed installations. With highly concessional interest rates and a fully digitised process, the initiative continues to drive wider adoption of rooftop solar. SBI maintains its leadership among public sector banks across key performance metrics, including sourcing, sanctioning and disbursement, with an overall market share of 61.69%.
With end-to-end digitisation, SBI Surya Ghar loan initiative empowers households to invest in rooftop solar, reduce dependence on conventional grid electricity, lower long-term electricity costs and contribute to reducing carbon emissions.
The recognition reinforces SBI’s commitment to financing India’s clean energy transition by making rooftop solar more accessible and affordable through end-to-end digitised financing solutions. It also highlights the Bank’s role in mobilising finance for sustainable energy adoption, enabling households to reduce electricity costs and carbon emissions while contributing to the nation’s broader climate and sustainability goals.
About State Bank of India:
State Bank of India is the largest commercial Bank in terms of assets, deposits, branches, customers, and employees. It is the largest mortgage lenders in the country which has so far fulfilled the home buying dreams of over 30 lakh Indian families. The home loan portfolio of the Bank stood at ₹ 9.59 lakh crore mark as of June 30, 2026. The Bank has a deposit base of over ₹ 60 lakh crore with CASA ratio of 39.24% and advances of more than ₹ 50.47 lakh crore, as of June 30, 2026. Adjudged as the World’s Best Consumer Bank for two consecutive years – in 2025 & 2026, by Global Finance magazine, SBI commanded a market share of 28.1% and 18.7% in home loans and auto loans, respectively, at the end of FY26. SBI has the largest network of over 23,000 branches and 65,200 ATMs/ADWMs in India along with around 79,600 business correspondent outlets, as of June 30, 2026. The number of customers using internet banking stood at 12.6 crores, by the end of Q1 FY27 on June 30, 2026. With SBI’s digital strategy right on track, the Bank witnessed 27.1 lakh of new savings accounts being opened through the integrated digital and lifestyle platform YONO in the period between April 2026 to June 2026. YONO, which now has 10.5 crore registered users, also witnessed over 5 crore New YONO registrations as of June 30, 2026 – revamped Yono 2.0 since its launch in December 2025. In terms of digital lending, the Bank disbursed pre-approved personal loans worth ₹ 1,314 crores through YONO during April-June, 2026. As on June 30, 2026, SBI has 27 million followers on Facebook, 4.3 million followers on Instagram, 4.7 million followers on X and 20.9 million subscribers on YouTube. State Bank of India is the most followed Bank globally on Facebook, Instagram & X.
