India Plans To Sell Green Bonds Worth $3 Billion By March 2024
India’s central bank is expected to raise $3 billion through sale of green bonds over the next 12 months.
The Reserve Bank of India may auction green bonds worth $3 billion sometime after September this year. According to media reports, the bank may offer tenures of up 30-40 years, which it believes would attract insurance companies.
Photo courtesy Steven Depolo.