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StanChart's social bonds: India to be major beneficiary

The New Indian Express Hyderabad

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March 16, 2025

INDIA could be the biggest beneficiary of the proceeds of Standard Chartered's first ever social bonds issued to raise Euro 1 billion, or $1.09 billion.

- ENS ECONOMIC BUREAU @ New Delhi

The fund raised through the bonds will support the sustainable development of low-income countries across the bank's emerging market footprint, Standard Chartered said in a press statement on Saturday.

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