"Going forward, we feel that yes, we should also subscribe to green bonds. That is the way we are looking forward to. That will be our next contribution to the society," LIC's managing director B.C. Patnaik said while addressing the Mint India Investment Summit 2023 in Mumbai.
A green bond is a fixed income paper issued to raise money, mainly to support growth and sustainability of either climate or environmental projects, a concept that's fast emerging as a large new investment space globally.
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