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Forex schemes: BoB, BoI target over $6bn mop-up
MUMBAI: Bank of Baroda and Bank of India, the two largest public sector banks in terms of overseas branches, are aiming to raise over $6 billion in foreign capital through schemes where RBI undertakes to cover forex risk through a dollar swap.
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economictimes.indiatimes.com
Bank of India aims to raise $1.2 billion through FCNR-B deposits, plans additional $2 billion overseas borrowing
Bank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 million through the FCNR-B window. …
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timesofindia.indiatimes.com
Forex schemes: BoB, BoI target over $6bn mop-up
MUMBAI: Bank of Baroda and Bank of India, the two largest public sector banks in terms of overseas branches, are aiming to raise over $6 billion in foreign capital through schemes…