ICICI Bank has recently also constituted a Rs 1.0 billion loan fund for assisting companies engaged in green business or promoting eco-friendly activities. This fund is expected to help small and medium enterprises (SME’s) to promote sustainable growth. The fund proposes to provide short term or medium term loans to companies in the range of Rs 0.5 - 4.0 million, depending on the size of the project. The bank has not identified any particular sector for lending but would focus on energy-efficient and environment-friendly ventures.