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Reserve Bank Issues Framework for Banks to Accept Green Deposits

The framework, effective June 1, 2023, will aim to address greenwashing concerns

April 12, 2023

/ B.S. Nagaraj
/ Other, Renewable Energy,
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The Reserve Bank of India (RBI) has issued a framework for financial institutions to offer ‘Green Deposits’ to customers, address ‘greenwashing’ concerns, and help augment the flow of credit to green activities and projects.

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B.S. Nagaraj

More articles from B.S. Nagaraj.
Green DepositsGreenwashingRBIRenewableSolar
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