8th January 2021 Reports indicate that the State Bank of India (SBI) is issuing a US$600 million bond next week, with HSBC, Citi, JP Morgan and Standard Chartered listed as managers leading the deal. SBI may be about to lend AU$1billion to the Carmichael coal project, which means these banks … Read More
Backlash to State Bank of India’s potential Adani coal loan spreads through finance sector
22 December 2020 The State Bank of India (SBI) is facing a growing backlash from finance sector firms, after news broke last month that it is seriously considering a A$1 billion loan to the controversial and destructive Adani Carmichael coal project. SBI’s potential support for a new thermal coal mine … Read More
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