India's ICICI Bank to join peers in dollar debt funding under RBI swap window, sources say

Published on: Thursday 02 July 2026

By Dharamraj Dhutia MUMBAI, July 3 (Reuters) - India's ICICI Bank plans its first dollar bond sale in nearly nine years, joining peers HDFC Bank and Axis Bank in leveraging the central bank's lower-cost hedging facility for foreign-currency issuance, two bankers said on Friday. The lender is expected to raise at least $500 million through a likely five-year bond issue, according to the bankers

News source: https://www.msn.com/en-us/money/markets/indias-icici-bank-to-join-peers-in-dollar-debt-funding-under-rbi-swap-window-sources-say/ar-AA276XFE

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India's ICICI Bank to join peers in dollar debt funding under RBI swap window, sources say