New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which among the following is the first Indian company

    to launch Masala Bond?
    A TCS Correct Answer Incorrect Answer
    B RIL Correct Answer Incorrect Answer
    C ITC Correct Answer Incorrect Answer
    D HDFC Correct Answer Incorrect Answer
    E Yes bank Correct Answer Incorrect Answer

    Solution

    HDFC was the first Indian company to issue Masala Bond in 2016. It raised 3,000 crore through this. Yes Bank was the first Indian company to issue a green bond. Green bonds are basically used to raise money for environment-friendly projects.

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