A crop loan in Vidarbha is a climate exposure. A dairy unit in Bundelkhand is a climate exposure. A warehouse in coastal Odisha is a climate exposure. We just did not price it that way. The global conversation has moved fast — TCFD, ISSB, green taxonomies, blended finance, transition finance. But the real work is quieter and harder. It is sitting with a credit officer in a rain-fed district and asking: what happens to this portfolio when the monsoon shifts by three weeks? Wha