New Delhi, July 7 (IANS) Priority Sector Lending limits should be expanded and new categories should be added to ensure credit can meet evolving development priorities in line with Viksit Bharat at 2047 goals, a report said on Tuesday.New areas to be considered for PSL lending include ESG Financing, SDG Commitment, Infrastructure Lending, Financing to EV Ecosystem, etc, report from SBI Research said.Banks are able to meet the 40 per cent overall target PSL (provisional FY26 estimate indicates ov…
Latest ESG Financing News & Updates
New Delhi, March 7 (IANS) India’s largest lender State Bank of India (SBI) on Saturday launched a $500 million (about Rs 4,597 crore) ‘Syndicated Social Term Loan Facility’ focused exclusively on women empowerment with a greenshoe option, which is a milestone for both the bank and the global ESG financing landscape.The PSU bank said the facility is aimed at accelerating social impact by promoting gender equality and supporting initiatives that reduce the gender gap.”It contributes to the United …