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HomeReserve bank of India

Reserve bank of India

Finance

Climate Finance: RBI defines the framework for green deposits

May 31, 2023

To achieve climate-resilient economi­es, financial resources need to be di­rec­ted towards environment-fri­endly pro­je­cts and activities. Therefore, as green finance gains traction in the public and private sectors across global econo­mies, the Reserve Bank of India […]

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Financings

RBI establishes framework for banks to accept green deposits

April 12, 2023

The Reserve Bank of India (RBI) has established a framework for financial institutions to provide customers with green deposits. The framework intends to promote the development of the country’s green finance ecosystem, and applies to […]

Finance

Sustainable Finance: Government concludes sovereign green bond sale of Rs 160 billion

March 7, 2023

To achieve its net zero goals, India is focusing on generating additional global financial resources. To lower the carbon emissions of the economy, the union budget for 2022-23 announced the issuance of sovereign green bonds […]

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  • Ørsted to acquire 172 MW offshore wind farm in UK

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    Ørsted has exercised its buyback right to acquire the remaining 49.9 per cent stake in the 172 MW Gunfleet Sands …Read More »

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