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Yes, Federal, RBL put dollar bond plans on hold
Yes Bank withdrew its dollar debt plan as investors sought higher yields. Federal Bank and RBL Bank also postponed their dollar bond issuances. These lenders await a more favorable time to raise necessary foreign currency. An oversupply of Indian bonds has increased investor demand for better returns. This situation impacts the banks' ability to secure international funding.
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m.economictimes.com
India lenders' dollar debt sales top $10 billion since RBI window, ICICI Bank beats peer to lead pack
ICICI Bank is set to raise one billion dollars through the issuance of five-year bonds, marking its fourth bond sale this month. With over three billion dollars already raised via…
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economictimes.indiatimes.com
Yes, Federal, RBL put dollar bond plans on hold
Yes Bank withdrew its dollar debt plan as investors sought higher yields. Federal Bank and RBL Bank also postponed their dollar bond issuances. These lenders await a more…