Big Move: Why RBI’s Latest Subsidy Makes Dollar Bonds Attractive for State Lenders Today
Indian state lenders, State Bank of India (SBI) and Bank of Baroda (BoB), are making a significant move today, planning to raise about $1 billion through five-year dollar bonds. This marks their first such issuance since the Reserve Bank of India (RBI) introduced a new, subsidised hedging window for overseas borrowings. This facility is a […]












