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SBI, HDFC Bank seek $1.7 billion overseas
Mumbai: Two of India's largest banks, State Bank of India (SBI) and HDFC Bank are together raising an aggregate of at least $1.7 billion through loans from foreign banks as they shore up their dollar resources to take advantage of the Reser
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Read the original at Economic Times ↗
India's largest banks are seeking foreign loans to bolster their dollar reserves, signaling a need for sustained foreign investment in the economy.