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    Question

    Which bank has issued its maiden 10-year Sustainability

    Bond and raised USD 1 billion under its Environmental Social Governance (ESG) Framework?
    A HDFC Bank Correct Answer Incorrect Answer
    B SBI Bank Correct Answer Incorrect Answer
    C SIDBI Bank Correct Answer Incorrect Answer
    D EXIM Bank Correct Answer Incorrect Answer
    E ICICI Bank Correct Answer Incorrect Answer

    Solution

    India Exim Bank successfully issued its maiden 10-year Sustainability Bond of USD 1 bn in the 144A/Reg-S format, under its ESG Framework. With this issuance, India Exim Bank became the first Indian issuer to open the markets for dollar and sustainability bond issuances in 2023.

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