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● Worker dies in explosion at factory in Kasaragod● Pratirodha rally staged in Dharwad against fascist forces● Two furniture shops gutted in early-morning blaze near Medchal checkpost● Man dies after off-road vehicle crashes into house in Kozhikode● Dentist dismissed after joining black flag protest against Minister in Keralam● Eight people, including ex-home minister’s son held in clashes in Rajamahendravaram city● PM Modi launches Ladakh projects worth Rs 3,350 crore● Sharmila reiterates demand for CEC Gyanesh Kumar’s resignation● Traders in Kozhikode announce protest against unauthorised street vending● A.P., Telangana win U-14 boys’ handball title, Karnataka clinch girls’ championship● Worker dies in explosion at factory in Kasaragod● Pratirodha rally staged in Dharwad against fascist forces● Two furniture shops gutted in early-morning blaze near Medchal checkpost● Man dies after off-road vehicle crashes into house in Kozhikode● Dentist dismissed after joining black flag protest against Minister in Keralam● Eight people, including ex-home minister’s son held in clashes in Rajamahendravaram city● PM Modi launches Ladakh projects worth Rs 3,350 crore● Sharmila reiterates demand for CEC Gyanesh Kumar’s resignation● Traders in Kozhikode announce protest against unauthorised street vending● A.P., Telangana win U-14 boys’ handball title, Karnataka clinch girls’ championship
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Tamil & English News · தமிழ் செய்திகள்
Friday, 16 October 2026

Indian Bank to raise $1bn through ECBs by Dec-end

Indian Bank to raise $1bn through ECBs by Dec-end

Public sector lender Indian Bank is targeting to raise $1 billion through External Commercial Borrowings (ECBs) by Dec-end under the RBI’s concessional swap window. This comes close on the heels of the state-owned lender mobilising FCNR(B) deposits worth Rs 22,486 crore (about $2.4 bn) and raising Rs 3,806 crore (about $393 mn) through Overseas Foreign Currency Borrowings (OFCBs).

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