Banking News
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Source: Economic Times
Economic Times
Source
Banking Sector
Category
4 min
Read time
27 Jul
Published
Banking Sector
4 min read· Economic TimesKotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loan
Kotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term loan. These foreign currency facilities aim to attract dollars into India. The funds will likely support overseas clients making FCNR (B) deposits. This move leverages a special…
Kotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term loan. These foreign currency facilities aim to attract dollars into India. The funds will likely support overseas clients making FCNR (B) deposits. This move leverages a special
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Source: Economic Times