Social Bonds

Social Bonds

News: The National Bank for Agriculture and Rural Development (NABARD) has successfully raised Rs 1,040.50 crore through a five-year social bond.

Background:
• The social bonds issued by NABARD have received ‘AAA’ ratings from CRISIL and ICRA, and they will be listed on the BSE (Bombay Stock Exchange).
• NABARD recently introduced a Sustainability Bond Framework, aimed at financing and refinancing green and social projects.

What are Social Bonds?
• Social bonds, in a financial context, are a type of debt security or fixed-income instrument issued by governments or public entities to raise funds for specific social or community-oriented projects or initiatives.
• Social bonds are a subset of green bonds and sustainable bonds that focus on environmental, social, and governance (ESG) goals. While green bonds primarily fund environmentally friendly projects, social bonds are specifically earmarked for projects that have a positive social impact.

DICS Branches

Our Branches

DICS Ahmedabad

Ahmedabad

(Head Office)

Address : 506, 3rd EYE THREE (III), Opp. Induben Khakhrawala, Girish Cold Drink Cross Road, CG Road, Navrangpura, Ahmedabad, 380009.


Mobile : 8469231587 / 9586028957

Telephone : 079-40098991

E-mail: dics.upsc@gmail.com

Gandhinagar

Address: A-306, The Landmark, Urjanagar-1, Opp. Spicy Street, Kudasan – Por Road, Kudasan, Gandhinagar – 382421


Mobile : 9723832444 / 9723932444

E-mail: dics.gnagar@gmail.com

DICS Vadodara

Vadodara

Address: 2nd Floor, 9 Shivali Society, L&T Circle, opp. Ratri Bazar, Karelibaugh, Vadodara, 390018


Mobile : 9725692037 / 9725692054

E-mail: dics.vadodara@gmail.com

DICS Surat

Surat

Address: 403, Raj Victoria, Opp. Pal Walkway, Near Galaxy Circle, Pal, Surat-394510


Mobile : 8401031583 / 8401031587

E-mail: dics.surat@gmail.com

DICS New Delhi

New Delhi

Address: 53/1, Upper Ground floor, Near Popular juice, Old Rajinder nagar, New Delhi -60


Mobile : 9104830862 / 9104830865

E-mail: dics.newdelhi@gmail.com