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EXTREME WEATHER EVENTS BLAMED FOR INDIAN BANK'S USD 84 BILLION DEBT RISK

Published On 16 Mar 2021 09:32 AM


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HIGHLIGHTS

  • Indian Banks are concerned about environmentally sensitive businesses.
  • CDP collected data on behalf of 515 investors who had $106 trillion in assets.
  • Responses came from 220 small and large Indian companies.

An increase in extreme weather events has created the risk of debt worth more than Rs 6.19 trillion (equal to US $ 84 billion) going sour at India’....


Tags : Bank, debt, banking, CDP, weather conditions,
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