rbi speech, 2024-10-25
Some of the steps already taken by the Reserve Bank include promoting green finance initiatives such as inclusion of finance to renewable energy projects in directed lending (Priority Sector Lending) by banks; issuance of sovereign green bonds (SGrBs); establishing a framework for acceptance of 'Green Deposits'; and developing a Disclosure Framework on climate-related financial risks and Guidance on climate scenario analysis and stress testing.
Sentiment: neutral
Topic: financial_stability