<h1>RBI Proposes Climate Risk Disclosure Guidelines for Banks and Financial Institutions; Feedback Due by April 2024.</h1> The Reserve Bank of India (RBI) has released draft guidelines for a Disclosure Framework on Climate-related Financial Risks, applicable to various financial institutions including Scheduled Commercial Banks, Tier-IV Primary Urban Co-operative Banks, All-India Financial Institutions, and Top and Upper Layer Non-Banking Financial Companies. This initiative follows an earlier announcement in February 2023. Stakeholders are invited to submit comments or feedback via email by April 30, 2024.