TNPSC Thervupettagam

SBI CHAKRA Initiative

February 4 , 2026 14 hrs 0 min 21 0
  • The SBI launched ‘CHAKRA’ on 31 January 2026 to strengthen financing of emerging industries.
  • CHAKRA stands for Centre of Excellence for Sunrise Sectors.
  • It aims to build institutional capability to assess and finance sunrise and high-technology sectors.
  • SBI identified eight sunrise sectors, including renewable energy, electric mobility, green hydrogen, semiconductors, battery storage, decarbonisation, smart infrastructure, and data centres.
  • These sectors are estimated to require 100 lakh crore capital over the next five years.
  • CHAKRA will act as a knowledge and decision-support hub to convert complex technologies into bankable projects.

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