Tag: NBFC

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The National Urban Co-operative Finance and Development Corporation Limited (NUCFDC)

Source: News on AirSubject: Polity Context: Union Minister of Home Affairs and Cooperation inaugurated the new office of the National Urban Co-operative Finance and Development Corporation Limited (NUCFDC) in Mumbai. NUCFDC About The National Urban Co-operative Finance and Development Corporation Limited (NUCFDC): What It Is? The National Urban Co-operative Finance and Development Corporation Limited (NUCFDC) …

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[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 3 January 2023

  InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions in your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to …

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Green Bonds:

GS Paper  3: Syllabus: Conservation related issues.   Context: India is likely to face an uphill battle if it goes ahead with its first sovereign green bond sale as it aims to issue the securities in rupees, putting off most overseas investors.   What’s the issue? The timing might not be ideal for India though, …

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Green Bonds:

GS Paper 3: Topics Covered: Infrastructure- energy.   Context: Finance Minister Nirmala Sitharaman in her Budget speech announced that the government proposes to issue sovereign green bonds to mobilise resources for green infrastructure. The proceeds will be deployed in public sector projects which help in reducing the carbon intensity of the economy. Now, the government …

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Green Bonds:

GS Paper 3: Topics Covered: Conservation related issues.   Context: State Bank of India, the country’s largest commercial bank, has dual listed its $650 million green bonds simultaneously on the India International Exchange (India INX) and Luxembourg Stock Exchange (LuxSE). This dual listing is in line with this year’s topic of World Investor Week, ‘Sustainable Finance’, …

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Green Bonds:

GS Paper 3: Topics Covered: Conservation related issues.   Context: Corporate green-bond issuance has reached new highs as U.S. companies including chip maker Micron Technology Inc., retailer Walmart Inc. and data-center company Equinix Inc. add the bonds as part of larger traditional bond offerings.   Need for: The increasing issuance of green bonds, which finance …

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Green Bonds: 

GS Paper 3 Topics Covered: Conservation related issues.    Context:  Power Finance Corporation Ltd (PFC), the leading NBFC in power sector, has successfully issued its first ever Euro Green Bonds. It is the first ever Euro denominated Green bond issuance from India. Moreover, it is the first ever Euro issuance by an Indian NBFC and the …

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