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Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
16 Aug
Published
RBI & Policy
4 min read· Economic TimesIndian Bank plans to garner $400 million via ECB this week: MD Binod Kumar
Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand. The Reserve Bank of India has already closed its concessional swap faci…
Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand. The Reserve Bank of India has already closed its concessional swap faci
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Source: Economic Times