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VERIFIEDET Markets·neutral
Four Indian private banks eye dollar debt before RBI swap window deadline, bankers say
AI Summary
- ·Four Indian private banks are planning to raise $1.85 billion in dollar debt before the August 31 deadline.
- ·Kotak Mahindra Bank is leading the issuance efforts, with YES Bank, IDFC First Bank, and Federal Bank also preparing offerings.
- ·This move aims to leverage a central bank swap facility, following similar successful issuances by ICICI Bank and Axis Bank.