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The Times of India
The Times of India
Business
PTI

RBI to issue green bonds in two tranches of Rs 8,000 crore each

RBI Bonds Mumbai

MUMBAI: The RBI on Friday said maiden Sovereign Green Bonds (SGrBs) would be issued in two tranches for an aggregate amount of Rs 16,000 crore, and proceeds will be utilised for funding public sector projects seeking to reduce carbon emissions.

The first auction would be done on January 25 while the second on February 9, the Reserve Bank of India (RBI) said in a statement.

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