Indian Bank plans to raise USD 400 million via ECB
after close1 source ↓written by the desknot a recommendation
- RBI's deadline
- 31 Dec 2026
Indian Bank aims to raise USD 400 million through External Commercial Borrowings (ECB) this week, leveraging the RBI's concessional swap window. The bank plans to secure an additional USD 600 million before the RBI's deadline of 31 Dec 2026. This funding strategy is expected to support its growth initiatives and come at competitive rates. 💼
Not investment advice. For informational purposes only.