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The Nexus
BUSINESSJun 22 · 02:45 UTCBLOOMBERGPratigya Vajpayee

Rupee May Get Further Boost as Indian Banks Line Up Overseas Debt

Indian banks may issue overseas debt, potentially boosting the rupee. The State Bank of India (SBI) supports mergers among state-backed lenders to build scale and finance growth in the world’s fastest-growing major economy.

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State Bank of IndiaorganizationMumbaiplaceIndiaplaceoverseas debttopicMergerstopiceconomic growthtopic
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