2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI
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The Reserve Bank of India (RBI)
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State Bank of India (SBI)
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Bank of Baroda (BOB)
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Detailed explanation-1: -MUMBAI: The RBI on Friday said maiden Sovereign Green Bonds (SGrBs) would be issued in two tranches for an aggregate amount of Rs 16, 000 crore, and proceeds will be utilised for funding public sector projects seeking to reduce carbon emissions.
Detailed explanation-2: -Reserve Bank of India (RBI) held its first auction of Sovereign Green Bonds (SGrBs), with a total value of Rs 8, 000 crore on 25 January.
Detailed explanation-3: -The Reserve Bank of India (RBI) on Tuesday announced a framework for accepting ‘green deposits’ by banks and deposit-taking non-banking finance companies (NBFCs). The central bank has identified nine sectors in which the proceeds from these green bonds must be used. They include renewable energy and green transport.