Banking News
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Source: Economic Times
Economic Times
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Banking Sector
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4 min
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20 Jul
Published
Banking Sector
4 min read· Economic TimesIndian Overseas Bank eyes $650 million foreign deposits by September
Indian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million without utilizing leverage options. Overall, the lender plans to raise one billion dollars through deposits and external borrowing. This projection follows a significant 49.3% jump in…
Indian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million without utilizing leverage options. Overall, the lender plans to raise one billion dollars through deposits and external borrowing. This projection follows a significant 49.3% jump in
Source: Economic Times