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Home > India > Indian lenders defer dollar debt sale plan as rates turn expensive

Indian lenders defer dollar debt sale plan as rates turn expensive

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Last Updated: October 27, 2026 15:04:25 IST

* Canara Bank, PNB, Bank of India shelve plans to raise up to $2.5 bln in dollar debt * Rising US yields, weaker rupee and higher hedging costs make dollar funding more expensive * Indian lenders have

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