The Hindu·3 min read·medium
State Bank of India returns to dollar debt market, bankers see strong demand
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Reuters✦AI Summary
State Bank of India is returning to the dollar bond market to raise at least $500 million, with potential for up to $1 billion. The move follows a recent Reserve Bank of India swap facility that has made overseas borrowing more attractive for Indian lenders.
State Bank of India, the country’s largest lender, is returning to the public dollar bond market after nearly a year and is expected to see strong demand for its planned five-year issue, three merchant bankers said on Tuesday (August 11, 2026).
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