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Source: Economic Times

Economic Times
Source
RBI & Policy
Category
4 min
Read time
31 Jul
Published
RBI & Policy
4 min read· Economic Times

PNB raising $1 billion for FCNR on-lending

Punjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coordinated with international financiers to enhance participation. The loan will be eligible for the Reserve Bank of India's special swap facility. Indian banks are eager to tap into d…

Punjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coordinated with international financiers to enhance participation. The loan will be eligible for the Reserve Bank of India's special swap facility. Indian banks are eager to tap into d

#RBI#PNB
Source: Economic Times