Dossier
overseas debt
Coverage of overseas debt in the Nexus archive.
- ICICI Joins Indian Banks Chasing Dollar Loans, Swelling Demand
ICICI Bank Ltd., based in India, has successfully launched a syndicated offshore loan of approximately $1.45 billion. This action positions ICICI among several other local Indian banks accessing overseas debt. These banks are utilizing a central bank facility designed to lower hedging costs.
- 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.