Indian lenders step up overseas fundraising: IDFC First Bank raises $500 million, Indian Bank $400 million – Markets

Indian lenders step up overseas fundraising: IDFC First Bank raises $500 million, Indian Bank $400 million - Markets


“The successful execution of the transaction, coming shortly after our investment-grade rating from S&P Global Ratings, reflects growing recognition of the strength of our franchise, the resilience of our balance sheet and the progress we have made over the last several years. We thank our investors for their trust and confidence in the Bank. This issuance diversifies our funding sources, expands our access to global capital markets and supports our long-term growth ambitions,” Jain added.



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