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VERIFIEDET Finance·neutral

Four banks including RBL and Bank of Maharashtra line up overseas fund raise

AI Summary
  • ·RBL Bank and Bank of Maharashtra are seeking to raise funds through dollar bonds in international markets.
  • ·These banks aim to refinance short-term loans taken for FCNR(B) deposits.
  • ·UCO Bank and Bank of India are also preparing for similar overseas fundraising.
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