India’s market regulator plans to include social bonds and asset-backed securities in its sustainable finance framework.
New Requirements:
Independent external reviews for all ESG debt will be mandated
The consultation on these changes runs until September 6.
The move is expected to enhance investment opportunities and support India's green growth objectives.
India’s ESG debt issuance reached $15.6 billion this year, surpassing previous records but still trailing behind key Asian market
Disclaimer: This information is for educational purposes only and not investment advice. Always consult with a financial advisor before making any investment decisions.