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Friday, March 14, 2025

Banks told to gear up for green tech credit risks

RBI governor Sanjay Malhotra urged banks to enhance their risk management frameworks for green technologies at a seminar in New Delhi. He emphasized the need for financial institutions to prepare for climate-related risks and highlighted RBI's efforts, including stress testing and developing new data systems. Malhotra also called for greater collaboration and further initiatives to support sustainable finance.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xupJkfA

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