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The Economic Times
The Economic Times

State Bank of India's successful dollar debt sale prompts Bank of Baroda to test waters, bankers say

India's Bank of Baroda is considering dollar ​funding, a day after ​its peer State Bank of India, the country's largest ​lender by assets, received strong demand for its foreign-currency bonds, two merchant bankers said on Thursday.

BOB, India's second largest state-run lender by assets, plans to raise funds through ‌a dual-tranche ⁠bond issue ⁠maturing in three years and five years, and has provided initial guidance.

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