Video: Responsible lending observing ESG Norms

Video recording of the session held on 8th January 2023 at11.00 AM INDIA

Speaker:

Shri Hargovind Sachdev, former GM of State Bank of India and former CVO UCO Bank

Coverage:

• Accountable lending benefits Bank & Debtor; Responsible lending benefits Bank, Debtor & Environment.
• Ignoring the Environment affects Debtor & ultimately the Bank. 
• More Greenhouse Gases a Debtor emanates, More Stressed Assets it Creates
• Climate Risks & Banking Risks are Inseparable
• The higher the Carbon Emissions, Higher Should be the Funding Cost.
• Banks Must Use the Climate Risk as an Opportunity to Lend Anti-polluting equipment, Rather Than Embrace Stress in Performing Assets.