Fostering Economic Growth through Sustainable Finance and Financial Inclusion (Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India - October 12, 2023 - at the Conference on Priority Sector Lending held at College of Agricultural Banking (CAB), Pune) https://www.taxtmi.com/news?id=26942 The speech positions sustainable finance as a mechanism to manage climate and social risks and describes RBI measures-creation of a Sustainable Finance Group, discussion papers on climate risk, and a green deposits framework-to promote green lending. It explains that Priority Sector Lending, covering agriculture, MSMEs, education, housing, social infrastructure, renewable energy and other categories, has been adapted to include renewable energy and sustainable agriculture measures, and calls on banks to operationalize ESG-sensitive lending and product innovation to close credit gaps and advance inclusion. en-us Fri, 27 Oct 2023 18:16:02 +0530 Fri, 27 Oct 2023 18:16:02 +0530 TaxTMI RSS Generator Fostering Economic Growth through Sustainable Finance and Financial Inclusion (Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India - October 12, 2023 - at the Conference on Priority Sector Lending held at College of Agricultural Banking (CAB), Pune) https://www.taxtmi.com/news?id=26942 The speech positions sustainable finance as a mechanism to manage climate and social risks and describes RBI measures-creation of a Sustainable Finance Group, discussion papers on climate risk, and a green deposits framework-to promote green lending. It explains that Priority Sector Lending, covering agriculture, MSMEs, education, housing, social infrastructure, renewable energy and other categories, has been adapted to include renewable energy and sustainable agriculture measures, and calls on banks to operationalize ESG-sensitive lending and product innovation to close credit gaps and advance inclusion. News - Fri, 27 Oct 2023 18:16:02 +0530 https://www.taxtmi.com/news?id=26942