Our forward guidance has explicitly defined the conditions that need to be met for policy rates to be raised. And the clear sequence with which we intend to remove monetary stimulus, if and when necessary, reduces the uncertainty about how our actions will affect financing conditions and the broader economy. In the following, I will first discuss the current outlook for inflation.
The Securities and Exchange Board of India (SEBI) has, in January this year, put in place the framework for issuance of green bonds and the listing requirements for such bonds.