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Press Release

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 conservation, this certification would enable YES BANK to rigorously measure, manage and report its carbon footprint, thus a proactive step towards climate change.

The central bank has issued policy guidelines on green banking for nine new commercial banks to protect environment and ensure sustainable banking practices.

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 lende

Bangladesh Bank (BB) has asked all non- banking financial institutions (NBFIs) to frame their green banking policies by June, 2014.

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 g

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.

Axis Bank launched a plant-a-sapling initiative under its green banking program recently.

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 Bangl

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 today gave a wide range of 0.6 percentage points for its projections for economic growth next fiscal as it recognised that forecasting at potential turning points is difficult.

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