FAQs: RBI’s draft guidelines on climate-related financial risks disclosures – Times of India

[ad_1] Q1: What has the Reserve Bank proposed regarding climate-related financial risks?A1: The Reserve Bank has proposed making it mandatory for banks and Non-Banking Financial Companies (NBFCs) to disclose information about their climate-related financial risks on a standalone basis.Q2: What are climate-related financial risks?A2: Climate-related financial risks refer to potential risks that may arise from…

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