State Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh subsidised hedging mechanism. Their target? A substantial one billion dollars through a series of five-year dollar bonds, a strategy aimed at slashing overseas borrowing expenses.
State Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh subsidised hedging mechanism. Their target? A substantial one billion dollars through a series of five-year dollar bonds, a strategy aimed at slashing overseas borrowing expenses.
<iframe src="https://hindustansphere.com/embed/cluster/5c056f0e1e2b65c7e2d65a7aa4f61cfd1ac95e2e" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Top Indian state lenders eye first dollar bonds since RBI subsidy, sources say"></iframe>
