
SBI raised $300 million via three-year floating-rate notes from London, becoming among the first large PSU lenders to use RBI's new overseas-borrowing incentives. The issue is part of a board-approved $2 billion FY27 overseas bond plan.
Reserve Bank of India is considering allowing state-run banks to issue foreign-currency bonds to attract capital inflows and support the rupee, reviving a strategy last used decades ago. The proposal, still in early stages, may involve bonds with around five-…