RBI may cap yield at 7.18% in 30-year green bond auctionThe Reserve Bank of India is expected to reject bids above 7.18% for its upcoming ₹5,000 crore sovereign green bond auction, mirroring a pr...
FY25 target to fund projects via green bonds pruned 27%The government has reduced its FY25 target for green bond proceeds by 27% due to weak investor interest and plans to maintain this level fo...
Green bond sale will go through, but 'Greenium' to be small: DealersThe recent inclusion of green bonds in the Fully Accessible Route (FAR) securities allows NRIs and foreign portfolio investors to invest in...
Finance ministry to review market conditions afresh for gold bond floatThe government has reduced its gold bond issuance target for this fiscal year by 38% from the interim budget level to Rs 18,500 crore, acco...
Banks’ hands are tied, can’t fight with MFs on returns, says IBA chairmanBanks face challenges in attracting deposits due to regulatory restrictions, making mutual funds more appealing. Indian Banks’ Association ...
Green flavour not enticing enough for bond investorsGreen bonds in India face challenges due to the absence of financial institutions focusing on green financing and investors enthusiastic ab...
RBI, govt accept no bids at first sovereign green bond auction of FY25With the Centre sitting on a considerable cash surplus at the moment, it had likely opted to cancel the green bond auction than settle for ...
Banks raise unhedged currency risk issue with RBIRecent meetings between senior officials of the Reserve Bank of India (RBI) and bank treasury executives have focused on market appetite fo...
Govt may raise up to Rs 22k crore through green bonds in FY24India has plans to borrow between Rs 20,000-22,000 crore through sovereign green bonds in the current financial year, higher than the Rs 16...
Unlocking full potential of green bonds in IndiaThe global market for sustainable finance has registered considerable growth since 2014 mainly led by the issuance of green bonds. As per t...
Finance ministry sees G-sec yields on downhill trekThe yields on short-term instruments like treasury bills, too, will likely ease, he added. The yield moves in the opposite direction of a b...
India’s $3-billion green borrowing may add longer maturity debtIndia’s green bond offerings in current fiscal consist of 5-year and 10-year tenor ones, totaling Rs 16,000 crore. Green bonds are part of ...
Govt homes in on Rs 25,000 crore projects for green financingThe government had announced plans to raise ₹16,000 crore through green bonds in two equal tranches in the current fiscal, and the first tr...
India set to test green bond market with debut $2 billion saleIndia is putting its first sovereign green bond on the radar of some of its biggest domestic asset managers, including state-run insurers a...
Govt plans debut green bonds to raise $2 billion by MarchThe government will provide details of the planned green debt issuance for the year later, according to a statement from the nation’s finan...
India is counting on debut green bond to cut financing costsA lower cost of borrowing would help Asia’s third-largest economy finance infrastructure and meet clean energy goals, while managing a reco...
Currency turmoil risks undermining sovereign green bond saleThe timing might not be ideal for India, especially for a rupee issuance.