Diabytes
Green bonds News
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To help companies raise funds through green bonds for investment in renewable energy space, regulator Sebi on Tuesday put in place disclosure norms for issuance and listing of such bonds.
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Companies globally are likely to raise about USD 75 billion through issuance of green bonds in 2016, up from USD 42.4 billion mopped up last year, Moody's Investors Service has said.
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Yes Bank on Tuesday announced that it will mobilise up to USD 5 billion of funds to fight climate change by 2020.
Fitch Ratings has assigned 'stable' grade to IDBI Bank's USD 350 million green bonds.
Companies globally have raised USD 12.9 billion through issue of 'green bonds' in the April-June quarter of 2015 and going ahead more such issuances are likely to come from India, Moody's Investors Service said today.
"HSBC is the world's fourth largest issuer of green bonds. We are big player. We are working to get this in India. We are working with key authorities on this issue. Most probably we will launch this year," Kidwai said.
Private sector Yes Bank Wednesday raised Rs 1,000 crore against a targeted Rs 500 crore by issuing green infrastructure bonds.
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