archiveForeign-currency loans

State Bank of India raised $1 billion in the largest dollar-denominated syndicated loan this year from the nation, giving a boost to the lagging foreign-currency debt market. The borrower opted not to exercise a greenshoe option to increase the five-year facility by as much as $250 million, said people familiar with the matter, who asked not to be identified discussing private information. SBI declined to comment. Foreign-currency loans taken out by Indian issuers have declined 30 per cent to $3.2 billion so far in 2025 from the year-earlier period, and are...