HDFC Bank Raises $300M with Sustainable Finance Bond, Pagaya Secures $280M Credit for AI-Driven Finance

HDFC Bank raises $300 million through its first-ever sustainable finance bond, prioritizing lending towards electric vehicles, SMEs, and affordable housing. Pagaya Technologies secures a significant credit facility worth $280 million from top asset managers and financial institutions to support its AI-driven financial solutions. Plus, a report on blended finance as a key solution for bridging the energy transition gap in developing countries.

Sources:
https://www.thehindu.com/business/hdfc-bank-raises-300-mn-via-its-first-ever-sustainable-finance-bond/article67821984.ece
https://www.pymnts.com/artificial-intelligence-2/2024/pagaya-secures-280-million-credit-facility-for-ai-driven-consumer-finance-products/
https://www.livemint.com/companies/news/hdfc-bank-raises-300-million-via-maiden-sustainable-finance-bond-issue-11707290060939.html
https://ieefa.org/resources/blended-finance-key-bridging-energy-transition-gap-developing-countries

Outline:
(00:00:00) Introduction
(00:00:44) HDFC Bank raises $300 mn via its first ever sustainable finance bond
(00:02:19) Pagaya Secures $280M Credit for AI-Driven Finance Products
(00:05:03) HDFC Bank raises $300 million via maiden sustainable finance bond issue
(00:07:19) Blended Finance: Key to bridging energy transition gap in developing countries