Indian State Lenders Said to Seek $2 Billion in Overseas Loans (opens original article in a new tab)

Indian state lenders are seeking $2 billion in overseas loans through a central bank facility for concessional rates.

• Indian state-run financial institutions plan to raise up to $2 billion in overseas loans
• They will use a central bank facility for borrowing at concessional rates
• The information comes from people familiar with the matter