DFCC Bank Makes History, Lists Sri Lanka’s First Bond on NSE IX

Image Source: SMEStreet

DFCC Bank from Sri Lanka has just pulled off a first: it’s the only foreign company so far to list a bond on India’s National Stock Exchange International Exchange (NSE IX) at GIFT City in Gujarat. This move is a big deal for both countries and could open new doors for cross-border finance in the region.

Here’s what’s interesting about this development:

DFCC Bank listed a green bond worth LKR 2.5 billion on June 9, 2025. The listing ceremony took place at GIFT City, which is quickly becoming a major financial hub.
The money raised from this bond will go toward solar energy projects in Sri Lanka, including rooftop and ground-mounted solar power.
This bond isn’t new to the global scene. It’s already listed in Sri Lanka and Luxembourg, but now Indian and international investors can access it through NSE IX.

Sri Lanka has set an ambitious goal to get 70% of its electricity from renewables by 2030. This bond supports that effort and follows international standards for green finance.

The event drew some big names from both the Indian and Sri Lankan financial sectors, showing just how significant this step is.

By listing on NSE IX, DFCC Bank is paving the way for other South Asian companies to consider GIFT City for raising funds, especially for sustainable projects.

This move also fits into broader regional goals, like those of BIMSTEC, and supports global efforts around clean energy and climate action.

Source: Economic Times