Major lenders like SBI and Axis Bank plan to raise over $2 billion overseas, leveraging RBI's 1.5% fixed-rate swap incentive to strengthen the rupee.

State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims to bolster the bank's capital position…

State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims to bolster the bank's capital position…

MUMBAI: State Bank of India's central board on Thursday approved a plan to raise up to Rs 60,000 crore during FY27 through a mix of debt instruments, signalling the lender's…