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State Bank may raise up to $750 million in US
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Shriram Finance is also looking to raise some US dollar bonds. “The overseas bonds market is looking attractive, given the India growth story.
The regular issuers will find it attractive to explore more opportunities in the overseas market," said Parag Sharma, the company’s joint managing director and chief financial officer. Sharma said Shriram’s target to grow about 15% could lead to borrowings of ₹5,000 crore in the overseas market in FY25.
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