Latest News | SBI Raises USD 250 Mn Via Green Bonds to Fund Sustainable Projects

India s largest bank has successfully opened its green bonds programme to fund sustainable projects, according to the latest announcement by its chief financial officer, Narendra Modi, on Thursday. However, it is not the first time it has raised a huge amount of funds for sustainability projects in the country, the BBC has learned.. But () What could be known as Green notes has been released by the Indian state bank of India to raise money for green projects - including savings for the environment and environmental benefits of green investment, in which millions of people are expected to be awarded to unsecured floating rate notes, as part of its commitment towards renewable growth, and the government has said it will increase the value of the money issuance of Green notes. The scheme is being rolled out by SBI, but it says the bank is now offering another green note programme, after raising hundreds of million rupees of cash in an effort to build up the green portfolio, writes BBC News Marathi, to find out how they can be used to help fund projects to boost climate change and boost the global economy within the next two decades. But why is it so important to invest their wealth to support Sustainable Development? These are the key steps to tackle the impact on green development? The BBC looks at how it can secure those who have become involved in green projects during the Covid-19 pandemic.

Source: latestly.com
Published on 2024-01-04