Reserve Bank of India mandates climate risk disclosure for financial institutions
Edited By WION Video Desk
Published: Feb 28, 2024, 20:20 IST | Updated: Feb 28, 2024, 20:20 IST
The Reserve Bank of India is taking a significant step towards enhancing transparency in the financial sector. In a bid to address the looming threat of climate change, the RBI has called upon lenders to disclose more structured information about their climate-related financial risks.
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