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RBL Bank Plans $1 Billion Overseas Debt Programme, Board Clears Foreign Currency Fundraising

Mumbai: RBL Bank’s board has approved the creation of a Euro Medium Term Note programme that will allow the private lender to raise up to USD 1 billion through foreign currency debt instruments. The fundraising may be carried out in one or more transactions in the future, depending on market conditions and compliance with applicable regulations, the bank said in an exchange filing dated September…

RBL Bank Plans $1 Billion Overseas Debt Programme, Board Clears Foreign Currency Fundraising

We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.

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