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