LIC Housing Finance plans to raise funds via green bonds in next financial year

LIC Housing Finance plans to raise funds via green bonds in next financial year

New Delhi: LIC Housing Finance, the mortgage arm of insurance behemoth LIC, plans to mobilise funds through green bonds in the coming financial year with an aim to finance environmentally-sustainable housing projects. “Green financing is something that we will look at the next year and we would deploy the fund for financing green housing projects,” LIC Housing Finance MD and CEO Tribhuwan Adhikari told PTI in an interaction. LIC Housing Finance will have its board meeting on March 7 to…
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Source: https://www.deccanherald.com/business/companies/lic-housing-finance-plans-to-raise-funds-via-green-bonds-in-next-financial-year-2919877