Banks told to gear up for green tech credit risks

RBI governor Sanjay Malhotra urged banks to enhance their risk management frameworks for green technologies at a seminar in New Delhi. He emphasized the need for financial institutions to prepare for climate-related risks and highlighted RBI's efforts, including stress testing and developing new data systems. Malhotra also called for greater collaboration and further initiatives to support sustainable finance.

Mar 14, 2025 - 21:00
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Banks told to gear up for green tech credit risks
RBI governor Sanjay Malhotra urged banks to enhance their risk management frameworks for green technologies at a seminar in New Delhi. He emphasized the need for financial institutions to prepare for climate-related risks and highlighted RBI's efforts, including stress testing and developing new data systems. Malhotra also called for greater collaboration and further initiatives to support sustainable finance.

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