SBI and Bank of Baroda plan to issue $1 billion in dollar bonds, utilizing RBI's new subsidized hedging facility.

State Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh subsidised hedging mechanism. Their…

SBI and Bank of Baroda plan to issue $1 billion in dollar bonds, utilizing RBI's new subsidized hedging facility.