Banks are urging for incentives, such as relaxed norms on risk-weighted assets (RWA) and cash reserve ratio (CRR), for sustainability-linked loans. These loans tie interest rates to a company’s sustainability performance, promoting adherence to environmental, social, and governance (ESG) norms. Discussions with stakeholders, including the RBI, are ongoing, with proposals to include green financing in priority sectors like electric vehicles (EVs) and renewable energy.
Diwali Picks: Praj Inds, Persistent & 10 other top ideas from Angel One
Ahead of the beginning of Diwali, the domestic brokerage firm Angel One has picked up ten stocks across sectors where investors can place bets. These