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The Economic Times
The Economic Times
Business

RBL Bank to raise up to USD 1 bn from overseas investors

RBL Bank Emirates NBD Euro

Private lender RBL Bank on Monday said its board approved the mobilisation of up to USD 1 billion from overseas investors through bond issuance.

The board approved the establishment of a Euro Medium Term Note Programme (EMTN Programme) in accordance with Regulation S of the US Securities Act, 1933, subject to regulatory, statutory and other approvals, RBL Bank said in a stock exchange filing.

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