Uncategorized

Foreign banks are hopeful about the BJP’s performance in the Lok Sabha elections and have high expectations.

Banks in India have requested incentives from the Reserve Bank of India (RBI) and the Centre for sustainability-linked loans. They are seeking relaxed norms on risk-weighted assets (RWA) and cash reserve ratio (CRR) for such loans. Sustainability-linked loans have interest rates connected to a company’s sustainability performance. Discussions are ongoing on green financing models and their adoption by banks.