Which Indian Bank Won Green Bond Award In UK 2016 – Yes Bank

Which Indian Bank Won Green Bond Award In UK 2016 – Yes Bank

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Yes Bank wins inaugural Green Bond Award in UK

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  • India’s driving private moneylender Yes Bank has been honored inaugural Green Bond Pioneer Award at a function held in London, United Kingdom.
  • Yes Bank was gave with this honor in acknowledgment for its spearheading activities in the Green Bonds market including effective issuance of India’s first ever Green Infrastructure Bonds. Y
  • es Bank Green Bond Initiatives Yes Bank was the primary Indian Bank to issue Green Infrastructure Bonds (GIBs) in India.
  • It had issued India’s first-ever GIBs worth 1,000 crore rupees in 2015. Continues from these green securities will be utilized to subsidize Renewable Energy ventures including sunlight based power and wind power ventures Yes Bank alongside International Finance Corporation (IFC) additionally had opened exchanging of the world’s first Green Masala Bond worth 3.15 billion rupees recorded on the London Stock Exchange.