Sovereign green bonds trading at IFSC to commence in 2nd half of this fiscal: RBI Guv

Sovereign green bonds trading at IFSC to commence in 2nd half of this fiscal: RBI Guv

Reserve Bank Governor Shaktikanta Das on Saturday said trading of sovereign green bonds can commence at the International Financial Services Centre in Gujarat during the second half of the current fiscal. “We are in discussion with the IFSC, it will be operationalised very soon. I think in the second half (of the current financial year), … Read more

green bonds: RBI, Sebi look to facilitate local issuance of green bonds

green bonds: RBI, Sebi look to facilitate local issuance of green bonds

Mumbai: India’s capital markets and banking regulators are taking steps that would encourage investments in green bonds and also help expand the broader debt market. To enable companies to issue Environmental, Social, and Governance (ESG) bonds locally, the Reserve Bank of India’s (RBI) chief general manager Dimple Bhandia talked about the need for an enabling … Read more

LIC Housing Finance: LIC Housing Finance plans to raise funds via green bonds in next financial year

LIC Housing Finance: LIC Housing Finance plans to raise funds via green bonds in next financial year

New Delhi: LIC Housing Finance, the mortgage arm of insurance behemoth LIC, plans to mobilise funds through green bonds in the coming financial year with an aim to finance environmentally-sustainable housing projects. “Green financing is something that we will look at the next year and we would deploy the fund for financing green housing projects,” … Read more