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IDBI Bank Raises Rs 2,310 Crore via Green Bonds
26 Nov 2015, 04:49 PM IST i


New Delhi: IDBI Bank on Thursday said it has raised $350 million (about Rs 2,310 crore) from green bonds to fund clean energy projects.
The issue was made under the $5 billion medium term note (MTN) programme listed on Singapore Stock Exchange, IDBI Bank said in a statement.
With this, IDBI has become the first state-owned commercial bank to raise $350 million by selling green bonds. The proceeds will be used for refinancing of c...
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