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State Bank of India's successful dollar debt sale prompts Bank of Baroda to test waters, bankers say
Bank of Baroda is actively seeking dollar funding avenues to bolster its operations, inspired by the successful foreign-currency bond issuance led by State Bank of India. The bank is considering a dual-tranche bond sale with maturities of three and five years. Indian banks are keen on dollar borrowings as they become increasingly cost-effective. These funds are intended to meet the financial requirements of the bank's head office and overseas branches.
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thehindubusinessline.com
State Bank of India taps dollar bond market with five-year issue
State Bank of India plans to raise $500 million through a five-year dollar bond issue to tap the debt market.
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economictimes.indiatimes.com
State Bank of India taps dollar bond market with five-year issue: Report
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…
