State Bank of India SBI's chairman Arundhati Bhattacharya has defended the decision of lending 1 billion dollars to Adani Group for the development of Carmichael mine in Queensland Australia. Talking to reporters in New Delhi today , Mrs. Bhattacharya said that SBI has signed an MOU with the Adani group and after all due diligence, the SBI board will take the final call on it. On the issue of environment clearances, she said that SBI has spoken with the Queensland government and if green peace organisation will protest anywhere its not a matter of SBI's concern. SBI earlier had decided to lend up to one billion dollars to Adani Mining, the Australian subsidiary of Adani Enterprises for the Carmichael mine in Queensland in Australia. Carmichael mine has massive blocks of untapped coal reserves and Adani group aims to build the project by end of 2017.