06 MAR,2024 | MEDC
RBI has called for all regulated financial institutions, including banks and NBFCs, to disclose their strategies for climate change risks. RBI believes that this move will enable customers, depositors, investors and regulators to understand the inherent risks better before taking any policy decisions. That is a wise step, as climate change is one of the most significant risks confronting lenders today. Indian financial organizations need to be more open about their climate-related financial risks and opportunities to garner international acceptability. Besides facilitating market discipline, that will make their balance sheets more user friendly, especially for global investors. That matters.
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Interactive Meeting with Mr. Jaykumar Rawal Hon'ble Minister for Tourism & Employment Guarantee Scheme Govt. of Maharashtra