Industry News: ESG

Biggest India Bank Torn Between BlackRock and Funding Coal

Written by ESG | 8-Jun-2021 3:48:51 PM

2021-06-03

Yahoo Finance: State Bank of India needs to finance coal projects to meet the Indian leader’s push to electrify more homes, yet it wants to back renewable projects to appease global money managers including Fink’s BlackRock Inc., Storebrand ASA and Amundi SA. For now it’s doing a bit of both.

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