Dutch state ends export credit insurance for fossil fuels from January 1

AMSTERDAM (Reuters) – The Dutch government said on Thursday it would stop giving companies and banks export credit insurance in the fossil fuel sector from Jan. 1, in line with a pledge made at the COP-26 climate conference. in Glasgow. The Ministry of Finance described it in a statement that announced the step as an … Read more

India’s SBI sees loan growth to remain strong after record profits

MUMBAI (Reuters) – State Bank of India (SBI.NS), the country’s largest bank, expects credit growth to remain in the double digits as it ramps up efforts to attract more deposits, seeing growth in line with the sector. The bank reported a 74% increase in its quarterly net profit on Saturday, driven by higher loan growth … Read more