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Four banks including RBL and Bank of Maharashtra line up overseas fund raise
RBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans acquired for FCNR(B) deposits. Meanwhile, UCO Bank and Bank of India are also gearing up for similar fundraising initiatives overseas, aiming to optimize their asset-liability structures following the closing of the FCNR(B) window.
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economictimes.indiatimes.com
Timeline cronologica
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Bank of Maharashtra, Canara Bank eye dollar debt issuance this month, bankers say
Canara Bank and Bank of Maharashtra will raise $500 million each through dollar bonds. These lenders will issue three-year or five-year papers under a concessional swap window. …
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RBL, BoM eye dollar bonds to refinance FCNR funding
RBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans acquired for FCNR(B) deposits. Meanwhile,…
- ·
Four banks including RBL and Bank of Maharashtra line up overseas fund raise
RBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans acquired for FCNR(B) deposits. Meanwhile,…