Regulatory Perspectives on Embedded ESG Ratings in Indian Banking: Navigating Sustainability in the Current Scenario
Regulatory Perspectives on Embedded ESG Ratings in Indian Banking Banking Law | NBFC | ESG Ratings | Indian Banking | Indian Banking Laws | Banking Governance | Introduction: Environmental, Social, and Governance (ESG) considerations have gained significant prominence in the global financial landscape as stakeholders recognize the importance of sustainable business practices. In the Indian banking sector, the integration of Embedded ESG Ratings presents a transformative opportunity. This article delves into the current regulatory perspectives on Embedded ESG Ratings in Indian banking, exploring the challenges, benefits, and the evolving role of regulators in fostering sustainable practices within the industry. The Significance of ESG Ratings in Banking: a. Sustainable Finance Landscape: ESG considerations have become integral to the evaluation of a company's overall sustainability. Banks, as key financial intermediaries, play a crucial role in supporting environmenta...