India aims to expand scope of ESG debt as nation notches record

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India’s market regulator, SEBI, planned to broaden its sustainable finance framework by including social and sustainability-linked bonds. With India’s ESG debt issuance reaching record levels in 2023, the changes were intended to support Prime Minister Narendra Modi’s green growth initiatives and address a reduction in Chinese issuances impacting the global market.

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India aims to expand scope of ESG debt as nation notches record

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