One of India’s leading names in the green bonds market is raising funds through the private placement of debt instruments aimed at financing low-carbon infrastructure. Yes Bank, a private bank headquartered in the western Indian state of Maharashtra, recently announced that it will raise Rs 330 crore (US$49.5 million) by … [continued]
One month after proposing the first-ever rules of issuance and listing of green bonds at stock exchanges, an Indian regulator has finalised and approved the procedures. The Securities and Exchange Board of India (SEBI) has issued final guidelines on the issuance of green bonds, deciding that issuance and listing of … [continued]
In another significant development in the budding Indian green bonds market, one of the country’s leading private banks has signed an agreement with the London Stock Exchange. Yes Bank, one of several of India’s private banks, recently signed an agreement with the London Stock Exchange (LSE) regarding the listing of … [continued]
Global credit rating agency Moody’s expects a significant shift in the global green bonds market. Following the trend of faster growth in renewable energy capacity addition in developing countries, the global green onds market is also expected to see greater participation from developing economic like China and India, according to … [continued]
The Indian subsidiary of international banking giant HSBC is planning to issue its first green bond issue in the country this year. HSBC India Chairman Naina Lal Kidwai recently announced that the bank will launch green bonds to raise funds for environmentally sustainable projects, and noted that HSBC is the … [continued]
India-based Yes Bank has raised funds through a second green bond issue this year, delivering progress on its pledge to fund 5 GW renewable energy projects in India over the next few years. Yes Bank raised Rs 315 crore (~$49.2 million) from the International Finance Corporation (IFC) to fund renewable … [continued]
The Indian government, through its enterprises, is planning to raise funds by issuing tax-free bonds for renewable energy projects. At least 3 government-owned organisations — Power Finance Corporation (PFC), Rural Electrification Corporation (REC), and Indian Renewable Energy Development Agency (IREDA) — will raise more than $600 million through tax-free bonds. The … [continued]
