| Wednesday, 15 February 2023 |
Staggering insights about climate change and its impact on business, tech, finance and politics. Subscribe here
Good morning [%first_name |Dear Reader%],
This is Rounak, and I’ll be your Green Margins guide this week. (This is also the first time I’m writing for this newsletter, but you may have already read a few of my stories for The Ken earlier.)
February is such a month of contrasts, isn’t it?
Those on Cupid’s list wonder why it has to be the shortest month of the year, while the rest just want to get under the blankets and wake up only when it’s all over. I’m sure Punjab National Bank (PNB), India’s second-largest public sector lender (PSB), is experiencing a bit of both.
A crucial deadline set by the Securities and Exchange Board of India (SEBI) is barreling towards it, so time is short and sleeping through February is not an option. But some dramatic events over the past week, including a burglary in Chandigarh, a termite attack in Udaipur, and a major fire in New Delhi, have made it a particularly tough month to endure.
