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Federal Bank latest lender to tap dollar debt market via GIFT City, bankers say

The bank's board approved the issuance of foreign-currency-denominated bonds through its International Financial Services Centre (IFSC) Banking Unit (IBU) in GIFT City on Friday

Federal Bank latest lender to tap dollar debt market via GIFT City, bankers say

On August 24, 2026, the Sensex showed promising signs for investors, with IndusInd Bank emerging as a potential buy candidate. The stock was currently trading at ₹1,004, with a target price of ₹1,100 and a stop-loss at a lower level. Analysts noted that despite a Q2 loss, the company's operational recovery was expected in Q3. They forecasted a revenue CAGR of 11.0% and an EBITDA/PAT CAGR of 10.6% over the next three years.

Growth in the energy sector was projected to be a key driver for the bank's performance. Investors were advised to consider this stock cautiously, keeping in mind the risks involved.

Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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