Banking News
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Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
14 Aug
Published
RBI & Policy
4 min read· Economic TimesICICI Bank seeks to raise $1.45-billion loan from a BofA-led consortium
ICICI Bank is seeking a substantial $1.45 billion loan from a banking consortium. Bank of America is leading the syndicate, which includes several international banks. This four-year loan aims to attract leveraged investors to the FCNR-B deposit program. The Reserve Bank of India is absorbing currency hedging costs…
ICICI Bank is seeking a substantial $1.45 billion loan from a banking consortium. Bank of America is leading the syndicate, which includes several international banks. This four-year loan aims to attract leveraged investors to the FCNR-B deposit program. The Reserve Bank of India is absorbing currency hedging costs
#RBI#ICICI
Source: Economic Times