Categories: Business

HSBC India launches “Green Deposit Programme”

 

A “Green Deposit Programme” has been launched by the HSBC India. The “green deposit programme” has been launched exclusively for corporate clients. Under this programme, the bank will use the deposits to finance green initiatives and environment friendly projects. With this, the deposit scheme launched by the HSBC India will provide its corporate clients stable and pre-agreed returns along with the same protection as a normal bank deposit does.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

The deposit under the “Green Deposit Programme” will come in the form of a term deposit with higher interests as compared to savings deposits. The scheme will finance eligible businesses and projects that encourage the transition to a low-carbon, climate resilient, and sustainable economy. Under this, the clients will also receive quarterly reports comprising portfolio-level information about the use of the deposited funds.

Find More Business News Here

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

Chinese Robot Tiangong Ultra Beats Usain Bolt’s 100m Time: Know Its Record, Technology

Chinese human-like robots have attracted attention following their participation in a 100-meter dash event where…

1 hour ago

Onam 2026: History, Significance, Date and All About the 10 Days of Celebrations

The Onam festival of 2026 is being celebrated throughout the state of Kerala through colorful…

2 hours ago

US Launches Operation Economic Outcast Against Iran

The US government has unveiled an operation called Economic Outcast, which is a new global…

3 hours ago

NSG Launches First All-Women Commando Course in Haryana

The National Security Guard (NSG) has inaugurated the first-ever Mahila Commando Conversion Course (MCCC) at…

4 hours ago

National Conclave on Tribal Languages and Museums Begins in Mysuru

National Conclave on Tribal Languages and Museums was launched in the Mysuru, Karnataka, on August…

4 hours ago

8.7 Crore Indian Youth Not in Education, Employment or Training: NITI Aayog

As per a recent report released by NITI Aayog, close to 8.7 crore Indians between…

5 hours ago