ESG financing in India ahead of target, says DBS

DBS Bank's ESG finance book in India has surpassed its 60% growth target for 2024, ranking among the top three markets for the bank. With a significant increase in ESG financing, particularly in renewable energy, telecommunications, and agriculture, DBS aims to expand further. India's net profit for DBS India rose 37% to ₹228 crore in FY23.