India's private lenders, including HDFC Bank, Kotak Mahindra Bank, and Yes Bank, aim to secure up to $3 billion via dollar bonds or loans under an RBI facility.

State Bank of India plans to raise $500 million through a five-year dollar bond issue to tap the debt market.

The State Bank of India is set to tap into the dollar debt market, aiming to raise a minimum of $500 million by issuing five-year bonds. Marketing for this public offering is…