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RBI weighs plan to issue foreign bonds to support rupee: Report
short by Jessica Rajan / on Wednesday, 6 May, 2026
The Reserve Bank of India is considering a plan for state-owned lenders to issue foreign-currency bonds, a method last used nearly 30 years ago to attract capital inflows and support the rupee, Bloomberg reported. Officials have discussed bonds with a potential five-year maturity. In 1998, SBI raised over $4 billion through the Resurgent India Bonds.
read more at Moneycontrol