IndusInd Bank launches ‘green fixed deposits’ for retail and corporate customers

Green Fixed Deposits

IndusInd Bank launches ‘green fixed deposits’ for retail and corporate customers

  • IndusInd Bank has launched “Green Fixed Deposits” for its retail and corporate customers.
  • The bank will use the proceeds from these deposits to finance projects and firms supporting the United Nations Sustainable Development Goals (SDGs).
  • These sectors may include energy efficiency, renewable energy, green transport, sustainable food, agriculture, forestry, waste management, and greenhouse gas reduction.

Source: Financial Express

Points to Remember:

  1. Green Fixed Deposits has been launched by which bank for retail and corporate customers?

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