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To fund SME sector, EFL to issue green masala bonds

This is India’s first green masala bonds issued by a private sector non-banking finance company, said Shilpa Pophale, MD, EFL. EFL has issued green masala bonds of $10 million to responsAbility-managed Global Climate Partnership Fund. A climate fund managed by Zurich-headquartered responsAbility and Indian NBFC Electronica Finance (EFL) have entered into an agreement for issuance […]

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