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RBL Bank Plans $1 Billion Overseas Debt Programme, Board Clears Foreign Currency Fundraising

RBL Bank Plans $1 Billion Overseas Debt Programme, Board Clears Foreign Currency Fundraising
Photo: Free Press Journal · view original

Mumbai: RBL Bank’s board has approved the creation of a Euro Medium Term Note programme that will allow the private lender to raise up to USD 1 billion through foreign currency debt instruments. The fundraising may be carried out in one or more transactions in the future, depending on market cond...

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