Which of the following statements is/are correct?
A. The Reserve Bank of India (RBI) announced a move that's set to accelerate India's green initiatives. Foreign investors operating within the International Financial Services Centre (IFSC) can now invest in Sovereign Green Bonds (SGrBs).
B. India raised two tranches of sovereign green bonds amounting to Rs 16000 crore across two maturities in 2023.
C. The government had set a target of raising Rs 20,000 crore via the issuance of SGrBs in FY24, and it plans to borrow ₹12,000 crore through the sale of the bonds in the first six months of FY25.
1
Only A
2
Only C
3
Both A and C
4
Both B and C
5
All A, B and C