SBI Launches ‘CHAKRA’ to Finance India’s Sunrise Industries

SBI Launches ‘CHAKRA’ to Finance India’s Sunrise Industries

Daily Current Affairs   /   SBI Launches ‘CHAKRA’ to Finance India’s Sunrise Industries

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Category : Business and economics Published on: February 03 2026

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State Bank of India has launched CHAKRA, a specialised centre to strengthen financing for emerging sunrise sectors. Introduced on 31 January 2026, the platform will help convert complex technologies into bankable investment models. It will focus on high-growth areas such as renewable energy, electric mobility, semiconductors, green hydrogen and smart infrastructure. The initiative signals SBI’s strategic shift toward funding industries shaping India’s long-term economic future.

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