Finance

Financial Briefs: India and overseas

RBI issues framework to acc­ept green deposits  The Reserve Bank of India (RBI) has an­n­o­unced a fra­me­work for accepting green deposits. The aim is to en­courage regulated entities to offer green deposits to customers, protect […]

Finance

Financial Briefs: India and overseas

Powergrid approves investments of over Rs 40 billion (India) Power Grid Corporation of India Limited (Powergrid) has given approval for investments of Rs 40.71 billion for two projects. It has approved Rs 5.24 billion for […]

Finance

Financial Briefs

RBI issues first tranche of sovereign green bonds (India) The government issued the first Rs 80 billion tranche of sovereign green bon­ds on January 25, 2023. The first tranche included Rs 40 billion each of […]

Finance

Financial Briefs: India and overseas

KKR to invest $400 million in decarbonisation platform Serentica Renewables (India) KKR has signed definitive agreements to invest $400 million in Serentica Renew­ables. Serentica looks to deliver round-the-clock clean energy solutions for lar­ge-scale, energy-intensive industrial […]

Finance

Financial Briefs: India and overseas

REC sanctions Rs 220 billion under new LPS Rules REC Limited has provided financial assistance of around Rs 220 billion for clearing the outstanding dues of the distribution licensees of Jharkhand, Rajas­than, Chha­ttis­garh and Jammu […]