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Story 320 Aug 2026· The Economic Times

Kotak Mahindra Bank joins peers in tapping dollar debt before RBI window shuts

Kotak Mahindra Bank secured $650 million through a five-year dollar bond issuance, priced 27 basis points below initial guidance. Indian lenders have collectively raised $6.95 billion since June 5, leveraging the RBI's swap facility which closes August 31.

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