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Economy - January 13, 2025

Bank of India seeks its first dollar loan in more than a decade

Bank of India seeks its first dollar loan in more than a decade

Bank of India is raising up to $400 million in its first dollar syndicated loan since 2012, via its Gujarat branch. Reliance Industries, Shriram Finance, and State Bank of India are also pursuing significant foreign currency loans, contributing to an expected rebound in Asia Pacific loan volumes.

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