Axis Bank debut places Indian green bonds back on the map

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Axis Bank debut places Indian green bonds back on the map

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Allahabad, India. 5th June 2015 -- An Indian student with face painted reading 'save earth' celebrates World Environment Day in Allahabad. India's cities are becoming more polluted and unhealthy, according to a new survey published recently. -- Students participate in a painting demonstration to mark World Environment Day. The World Environment Day is celebrated June 5 every year by the United Nations to stimulate global awareness on environmental issues. Indian students celebrate World Environment Day in Allahabad | Reporter#7626485 / Demotix/Demotix/Press Association Images

Axis Bank revived Indian green bond issuance this week with the country’s third international deal. Financial institutions are expected to dominate the pipeline for the rest of the year, as the challenge of issuing offshore deters other borrowers, writes Narae Kim.

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