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HSBC India launches Green Deposit Programme for eco-friendly projects
August 21, 2020
HSBC India propelled its ‘Green Deposit Programme’ for corporate customers. Under this new activity bank will back green activities, for example, sustainable power source, clean transportation, contamination anticipation and control, green structure, sustainable water, the executives and others, giving a basic method to organizations to help ecologically gainful ventures.
The ‘Green Deposit’ is accessible in INR as ‘Term Deposit’. “This inventive and novel fixed residency store will go towards financing qualified organizations and tasks that elevate the change to a low-carbon, atmosphere versatile and sustainable economy,” the bank said in an announcement.
The bank will furnish will give clients a quarterly report containing portfolio-level data with respect to the utilization of the kept assets.
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