CURRENT AFFAIRS : BANKING & FINANCE
NSE lists first ever green bonds issued by Indore Municipal Corporation
- The Indore Municipal Corporation’s Green Bonds have been listed on National Stock Exchange (NSE), marking the first-ever green bond issue by a municipal corporation in India.
What are Green Bonds?
- Green bonds are debt securities designated to finance environmentally friendly projects.
- In 2008, the World Bank issued its first green bond in response to such increasing demand.
