SBI garners $1 billion from overseas to cater to ESG financing market
State Bank of India (SBI) said it has raised USD 1 billion (USD 750 million and green shoe of USD 250 million) i.e., about Rs 8,300 crore to cater to the domestic ESG financing market. Read more
Sustainable banking on the rise: 73% of banks embrace ESG propositions by 2028
In a recent Impact Report by Economist for a survey site, a shift in towards ESG propositions in the banking sector is highlighted. In the survey of 300 banking executives globally, it is projected that 73% of banks will intensify their focus on sustainable banking options within the next five years owing to rising consumer demand and the growing importance of ethical banking practices. Read more