Bank of India, ICICI Bank add to Indian loan rush

Bank of India and ICICI Bank are talking to lenders about offshore financings, becoming the latest Indian financial institutions to join the rush to the international market.

  • 01 Feb 2010

Bank of India wants a $100m to $150m three year loan, while ICICI Bank is looking for $200m.

“Some banks are submitting bilateral proposals for Bank of India, while ANZ, Bank of Tokyo-Mitsubishi, BNP Paribas and others are going for the syndicated option,” said one banker.

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