Focus Merit

USD 100 million green bonds listed in India INX by SBI

SBI

  • Green Bonds worth 100 million has been listed by State Bank of India on Bombay Stock Exchange’s India International Exchange(India INX).
  •  Green bonds are debt securities issued by financial, non-financial or public entities where the proceeds are used to finance 100 per cent green projects and assets. 
  • India now has the second-largest emerging green bond market after China.