State Bank of India: SBI raises $1 billion in offshore syndicated loan

Mumbai: State Bank of India (SBI) has raised $1 billion, or double the amount originally envisaged, in an offshore syndicated loan arranged by HSBC and subscribed by lenders across continents, demonstrating the enduring appeal of local financial companies for overseas investors that expect New Delhi to be the undisputed global growth leader in a geopolitics-ravaged … Read more