The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
This is the first sustainability report of Axis Bank Limited, covering the reporting period 2014-15. The report is prepared using Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines and is ‘in accordance’ with G4 ‘core’ reporting option. KPMG was engaged to provide external assurance and the report is also aligned …
This Sustainability Report, “Glocalizing Responsible Banking in India”, reports on YES BANK’s sustainability and CSR performance for the period April 1, 2014 to March 31, 2015, as per the annual financial reporting cycle adopted by the Bank.
World Bank-IMF study for 2011, however, says the pace of reduction in absolute poverty has been substantial; report stresses skills training for youth as key India was home to about a third of the world's poor in 2011, according to a progress report on various social indicators from the World …
The State economy of Assam has witnessed “a picturesque change” over the period from 2004-05 to 2013-14, as the primary sector witnessed a shift to service sector and the service sector has flourished rapidly in the State economy, says the report of the Economic Survey, Assam, 2013-14 tabled on the …
YES BANK, India’s fourth largest private sector Bank, was awarded the prestigious Karlsruhe Sustainable Finance Awards, in the “Outstanding Sustainable Project Financing” category. This is the second year running that YES BANK has won at these prestigious Awards, instituted by the European Organization for Sustainable Development, the City of Karlsruhe, …
Bangladesh Bank governor Atiur Rahman on Tuesday asked scheduled banks and non-bank financial institutions not to finance any project which will put an adverse impact on environment. The banks and the NBFIs should strengthen their green financing to ensure the country’s sustainable development, he said at a Green Bankers’ Conference …
Sampath Bank’s commitment to the preservation of the environment was further enhanced recently with ‘Green Awards 2013’ when five Eco Teams within the Bank were recognized for their outstanding contribution towards environment protection and conservation which is one of the five pillars of ‘5E’ structure of Sampath Bank’s CSR initiatives. …
After 35 years of banking with big Australian banks like National Australia Bank, Paula and Peter Samson closed their accounts to protest the lenders' exposure to the polluting fossil fuel industry. The Samsons, who live in Perth and drive an electric car, are part of a hundreds-strong, environmentally-driven movement that …
Unique YES-COMMUNITY initiative targeting over 100000 school children across India to celebrate National Science Day Mumbai; 4th March, 2014: YES BANK, India’s fourth largest private sector bank, celebrated National Science Day, across its branches by conducting National Science & Environment Olympiad in association with Saevus a well known wildlife magazine …
Press Release Mumbai, January 30, 2014: YES BANK, India’s fourth largest private sector bank, has been awarded the Golden Peacock Award for Corporate Social Responsibility 2013 in the Banking (Private) category. H.E. Shri Nikhil Kumar, Hon’ble Governor of Kerala, presented the award to Ms. Namita Vikas, Chief Sustainability Officer at …
Press Release Mumbai, January 21, 2014: YES BANK, India’s fourth largest private sector bank, has become the first bank in India to qualify for ISO 14001:2004 Certification, world’s leading environment management system - for its 12 locations, which include major branches and corporate offices. Given its commitment to environment and …
The central bank has issued policy guidelines on green banking for nine new commercial banks to protect environment and ensure sustainable banking practices. The banks will be allowed to implement the policy guidelines under a time framework, which will be segregated into three phases, according to a circular issued by …
New York Governor Andrew Cuomo took a first step toward launching a $1 billion "Green Bank," asking state utility regulators to release the first $165.6 million to the bank to attract private lenders for clean energy projects, his office said on Tuesday. The initial amount of money would come from …
Bangladesh Bank (BB) has asked all non- banking financial institutions (NBFIs) to frame their green banking policies by June, 2014. Releasing a set of guidelines for the NBFIs early this week, the central bank advised the managing directors and chief executives of all NBFIs to formulate a policy to ensure …
The Bangladesh Bank has released a set of policy guidelines on 'green banking' for non-bank financial institutions (NBFIs) to formulate a policy in a formal and structured manner in line with the global norms. The initiative aims at checking environmental degradation and ensuring sustainable banking practices. Bangladesh Bank (BB) issued …
Bangladesh Bank on Sunday published a set of policy guidelines on green banking for non-bank financial institutions with a view to establishing green banking practice in the country. To this end, the BB issued a circular to managing directors and chief executive officers of all NBFIs asking them to frame …
Axis Bank launched a plant-a-sapling initiative under its green banking program recently. In this initiative, the bank planted over 1 lakh saplings on August 1 and 2 at over a thousand locations across the country. The bank also invited its customers to support the initiative. Rajiv Anand, President, Retail Banking, …
Twelve scheduled banks and one non-bank financial institution are yet to disburse any loan under a Tk 200-crore refinancing scheme for green products after signing participant agreements with Bangladesh Bank three to four years before. Twenty-eight banks and one NBFI have so far signed the agreements with the BB under …
Survey says economy to revive from difficult times this year A year after India's economic growth is headed to a record ten-year low growth of 5% in 2012-13, economic advisers in the Finance Ministry expect the economy to recover to 6.1 - 6.7% in 2013-14. The Economic Survey, 2012-13, presented …
