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VERIFIEDET Markets·neutral
State Bank of India's successful dollar debt sale prompts Bank of Baroda to test waters, bankers say
AI Summary
- ·Bank of Baroda is exploring dollar funding options, following State Bank of India's successful dollar debt sale.
- ·The bank is considering a dual-tranche bond sale with three and five-year maturities.
- ·Indian banks are increasingly seeking dollar borrowings due to cost-effectiveness.