In a bold stride towards fostering a more transparent and accountable investment environment, the Securities and Exchange Board of India (SEBI) has unveiled an all-encompassing framework for companies seeking to issue Environment, Social, and Governance (ESG) bonds. This development, an exclusion of green bonds, aims to prevent deceptive claims, establish lucid classifications, and enforce stringent […]
Tag: Green Bonds
Maharashtra’s Landmark Green Municipal Bond Issuance
In a groundbreaking paradigm shift for India’s green economy, Maharashtra has debuted its maiden issuance of green municipal bonds. Marking a watershed moment in the country’s financial landscape, this issuance was met with extraordinary demand, oversubscribed by 5.13 times and drawing bids totalling an impressive INR 513 crores. This inaugural issuance symbolises a new era […]