In a survey conducted in January 2022 across 34 major scheduled commercial banks in India, it was found that 21 percent of the banks offered sustainability-linked loans, and 32 percent intended to do so within the next 12 months. The interest rates in SLLs are linked to a company's sustainability benchmarks in order to incentivize sustainability-related performance objectives.
Share of banks offering sustainability linked loans in India in 2022
12 public sector banks, 16 private sector banks and 6 foreign banks
Method of interview
Questionnaire
Supplementary notes
The survey question was "Has the bank begun offering or is intending to look at offering Sustainability Linked Loans (SLLs) to its corporate customers?"
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Reserve Bank of India. (July 1, 2022). Share of banks offering sustainability linked loans in India in 2022 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1376331/india-banks-offering-sustainability-linked-loans/
Reserve Bank of India. "Share of banks offering sustainability linked loans in India in 2022." Chart. July 1, 2022. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1376331/india-banks-offering-sustainability-linked-loans/
Reserve Bank of India. (2022). Share of banks offering sustainability linked loans in India in 2022. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1376331/india-banks-offering-sustainability-linked-loans/
Reserve Bank of India. "Share of Banks Offering Sustainability Linked Loans in India in 2022." Statista, Statista Inc., 1 Jul 2022, https://www.statista.com/statistics/1376331/india-banks-offering-sustainability-linked-loans/
Reserve Bank of India, Share of banks offering sustainability linked loans in India in 2022 Statista, https://www.statista.com/statistics/1376331/india-banks-offering-sustainability-linked-loans/ (last visited December 30, 2024)
Share of banks offering sustainability linked loans in India in 2022 [Graph], Reserve Bank of India, July 1, 2022. [Online]. Available: https://www.statista.com/statistics/1376331/india-banks-offering-sustainability-linked-loans/