Banks must monitor cos with fossil fuel links: RBI - Shahpur Turk CSC - Common Service Centre in Sonipat Banks must monitor cos with fossil fuel links: RBI

21 March 2022

Banks must monitor cos with fossil fuel links: RBI

The RBI has said that lenders need to be watchful of industries that are subject to green transition risks as countries across the world move towards decarbonisation targets. According to an RBI report, while banks have relatively small exposure to companies that have direct links to fossil fuels, there are hidden risks in the form of companies that have indirect exposure.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9jMy2LS
via IFTTT

No comments:

Post a Comment

ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray

India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (IOC) for the pot...

ShahpurTurkCSC