RBLBANK · NSE
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More than half a dozen private and public sector banks including RBL Bank, Yes Bank, Federal Bank, Bank of Maharashtra, UCO Bank, Indian Bank, and Bank of India have taken board approvals and started the process to issue bonds abroad in recent months.
RBL Bank raised $150 million via FCNR route and is targeting NRI deposits to fund growth following Emirates NBD's acquisition of majority stake through $2.75 billion capital infusion completed on June 18.
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