Lack of policies regulating impact on natural world means finance industry effectively bankrolling biodiversity loss, analysis finds. The world’s largest investment banks provided more than $2.6tn (£1.9tn)
Banks and Banking
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
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
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
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.