Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 18)
18.
Which bank became the first foreign entity to list a bond on NSE IX at GIFT City?
DFCC Bank
Bank of Ceylon
HSBC Sri Lanka
Hatton National Bank
Answer: Option
Explanation:
DFCC Bank PLC of Sri Lanka made history by becoming the first foreign corporation to list a green bond on India’s NSE International Exchange (NSE IX) at GIFT City. This move marked a significant milestone in cross-border financial cooperation and sustainable development, aligning with India’s aspirations for GIFT City as a global financial hub. The LKR 2.5 billion green bond, primarily aimed at financing solar PV projects, demonstrates DFCC Bank's commitment to green financing and regional market integration. The listing also reinforces the bank’s multi-exchange strategy, having previously listed on the Luxembourg Stock Exchange.
Discussion:
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