Which bank has raised $100 million via green bonds with an objective to create a positive impact on the environment ?
Answer with explanationAnswer: Option C
The country’s largest lender State Bank of India stated it has raised USD 100 million green bonds, the first such bond by any state-owned bank in this fiscal. The bonds were priced at 3M Libor + 80 basis points. The lender has already two climate bond initiative certified green bonds issuances, aggregating USD 700 million.
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