NABARD will be recording the first of its social bonds with size of ₹ 3,000 crore

The first of the National Bank for Agriculture and Rural Development’s (NABARD) social bonds, with a size of Rs. 3,000 crore, will be listed on September 29. This borrowing instrument is the first of its type. “This is the first by a AAA-rated entity as followed by sustainability and green bonds, as stated by NABARD Chairman Shaj”. Because the environment and sustainability are crucial. To address the needs of these sectors, we have established a unique vertical.

This is the first time the bank has provided a clear schedule for rolling out these new borrowing instruments, despite the fact that the market is quite interested in hearing reports that it will release them to finance projects in the green, sustainability, and social sectors.

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