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Reserve Bank of India says no foreign investment cap on sovereign green bonds
Reserve Bank of India says no foreign investment cap on sovereign green bonds
The proceeds will be used to fund solar, wind and small hydro power projects, including other "public sector projects which help in reducing the carbon intensity of the economy," the RBI said. The fully accessible route includes securities which do not have any restrictions on holdings by foreign investors.
The proceeds will be used to fund solar, wind and small hydro power projects, including other "public sector projects which help in reducing the carbon intensity of the economy," the RBI said. The fully accessible route includes securities which do not have any restrictions on holdings by foreign investors.