Patra acknowledged that though central banks generally pursue a relatively narrow mandate focused on stability without climate change being a part of it. But as evidence accumulates that climate change is overwhelmingly due to human activity, central banks cannot just remain silent spectators.
FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone
Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months