Friday, June 06, 2025 | 09:26 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Banks want CRR, SLR, priority sector exemption for sovereign green bonds

Suggest green masala bond to attract foreign investors

banks
premium

Bhaskar Dutta Mumbai
Banks have requested the Reserve Bank of India (RBI) to exempt them from maintaining cash reserve ratio (CRR), statutory liquidity ratio (SLR), and priority sector lending requirement for subscribing to soverign green bonds to be floated in January and February.

Such exemptions are also available for infrastructure bonds.
 
In line with Finance Minister Nirmala Sitharaman’s FY23 Budget announcement, the RBI last week said it will auction a total of Rs 16,000 crore of green bonds in two tranches on January 25 and February 9.
 
The request for such exemptions was part of the suggestions by the debt market participants to facilitate