Bank of India Joins Yen Loan Market with New Syndicated Deal

Reported 4 days ago

The Bank of India is set to bring a ¥15 billion ($100 million) yen-denominated loan to the syndication market next month, following a recent trend of Indian firms tapping the yen loan market due to its low interest rates. This loan comes after the bank's first dollar syndicated loan in a decade, reflecting a rise in investor interest in Indian assets amid favorable economic indicators and central bank liquidity support.

Source: YAHOO

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