Question
Which bank has issued its maiden 10-year Sustainability
Bond and raised USD 1 billion under its Environmental Social Governance (ESG) Framework?Solution
India Exim Bank successfully issued its maiden 10-year Sustainability Bond of USD 1 bn in the 144A/Reg-S format, under its ESG Framework. With this issuance, India Exim Bank became the first Indian issuer to open the markets for dollar and sustainability bond issuances in 2023.
According to the latest data released by the Reserve Bank of India, the gross foreign direct investment (FDI) flows witnessed a decline of nearly 16 per...
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