PFC issues India’s first-ever Euro Green Bond

What is the News? Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has issued its maiden Euro Green Bond. What is a Euro Green Bond? It is the first-ever Euro denominated Green bond issuance from India. Moreover, it is the first-ever Euro issuance by an Indian NBFC and the first Euro… Continue reading PFC issues India’s first-ever Euro Green Bond

Green Bonds

News:State Bank of India(SBI) has raised $100 million in green bonds through private placement. Facts: Green Bonds:They are fixed-income financial instruments issued for funding of specific projects which have positive environmental and climate benefits. Categories: SEBI has allocated eight categories as green projects: a) renewable energy b) clean transportation c) sustainable water management d) climate… Continue reading Green Bonds