- 02 Aug,2025
- 01 Aug,2025
- 31 Jul,2025
- 30 Jul,2025
- 29 Jul,2025
- 26 Jul,2025
- 25 Jul,2025
- 24 Jul,2025
- 23 Jul,2025
- 22 Jul,2025
- 21 Jul,2025
- 19 Jul,2025
- 18 Jul,2025
- 17 Jul,2025
- 16 Jul,2025
- 15 Jul,2025
- 14 Jul,2025
- 12 Jul,2025
- 11 Jul,2025
- 10 Jul,2025
- 09 Jul,2025
- 08 Jul,2025
- 07 Jul,2025
- 04 Jul,2025
- 03 Jul,2025
- 02 Jul,2025
- 01 Jul,2025
- 30 Jun,2025
- 28 Jun,2025
- 27 Jun,2025
- 26 Jun,2025
- 25 Jun,2025
- 24 Jun,2025
- 23 Jun,2025
- 21 Jun,2025
- 20 Jun,2025
- 19 Jun,2025
- 18 Jun,2025
- 17 Jun,2025
- 16 Jun,2025
- 14 Jun,2025
- 13 Jun,2025
- 12 Jun,2025
- 11 Jun,2025
- 09 Jun,2025
- 07 Jun,2025
- 06 Jun,2025
- 05 Jun,2025
- 04 Jun,2025
- 03 Jun,2025
- 02 Jun,2025
- 31 May,2025
- 30 May,2025
- 29 May,2025
- 28 May,2025
- 27 May,2025
- 26 May,2025
- 23 May,2025
- 22 May,2025
- 21 May,2025
- 20 May,2025
- 19 May,2025
- 17 May,2025
- 16 May,2025
- 15 May,2025
- 14 May,2025
- 13 May,2025
- 12 May,2025
- 10 May,2025
- 09 May,2025
- 08 May,2025
- 07 May,2025
- 06 May,2025
- 05 May,2025
- 03 May,2025
- 02 May,2025
- 01 May,2025
- 30 Apr,2025
- 29 Apr,2025
- 28 Apr,2025
- 26 Apr,2025
- 25 Apr,2025
- 24 Apr,2025
- 23 Apr,2025
- 22 Apr,2025
- 21 Apr,2025
- 17 Apr,2025
- 16 Apr,2025
- 15 Apr,2025
- 14 Apr,2025
- 11 Apr,2025
- 09 Apr,2025
- 08 Apr,2025
- 07 Apr,2025
- 05 Apr,2025
- 03 Apr,2025
- 02 Apr,2025
- 01 Apr,2025
- 31 Mar,2025
- 29 Mar,2025
- 28 Mar,2025
- 27 Mar,2025
- 20 Mar,2025
- 19 Mar,2025
- 18 Mar,2025
- 07 Feb,2025
- 03 Feb,2025
- 01 Feb,2025
- 31 Jan,2025
- 30 Jan,2025
- 29 Jan,2025
- 28 Jan,2025
- 27 Jan,2025
- 25 Jan,2025
- 24 Jan,2025
- 23 Jan,2025
- 22 Jan,2025
- 21 Jan,2025
- 20 Jan,2025
- 18 Jan,2025
- 17 Jan,2025
- 16 Jan,2025
- 15 Jan,2025
- 14 Jan,2025
- 13 Jan,2025
- 11 Jan,2025
- 10 Jan,2025
- 09 Jan,2025
- 07 Jan,2025
- 04 Jan,2025
- 03 Jan,2025
- 01 Jan,2025
- 30 Dec,2024
- 28 Dec,2024
- 14 Dec,2024
- 13 Dec,2024
- 12 Dec,2024
- 11 Dec,2024
- 10 Dec,2024
- 09 Dec,2024
- 07 Dec,2024
- 06 Dec,2024
- 05 Dec,2024
- 04 Dec,2024
- 03 Dec,2024
- 02 Dec,2024
- 30 Nov,2024
- 29 Nov,2024
- 27 Nov,2024
- 26 Nov,2024
- 21 Nov,2024
- 20 Nov,2024
- 19 Nov,2024
- 18 Nov,2024
- 16 Nov,2024
- 14 Nov,2024
- 13 Nov,2024
- 09 Nov,2024
- 08 Nov,2024
- 07 Nov,2024
- 06 Nov,2024
- 05 Nov,2024
- 04 Nov,2024
- 02 Nov,2024
- 30 Oct,2024
- 29 Oct,2024
- 26 Oct,2024
- 25 Oct,2024
- 24 Oct,2024
- 22 Oct,2024
- 21 Oct,2024
- 19 Oct,2024
- 17 Oct,2024
- 16 Oct,2024
- 15 Oct,2024
- 14 Oct,2024
- 12 Oct,2024
- 11 Oct,2024
- 10 Oct,2024
- 09 Oct,2024
- 08 Oct,2024
- 05 Oct,2024
- 04 Oct,2024
- 03 Oct,2024
- 02 Oct,2024
- 01 Oct,2024
- 30 Sep,2024
- 28 Sep,2024
- 27 Sep,2024
- 26 Sep,2024
- 25 Sep,2024
- 24 Sep,2024
- 23 Sep,2024
- 21 Sep,2024
- 20 Sep,2024
- 19 Sep,2024
- 18 Sep,2024
- 17 Sep,2024
- 16 Sep,2024
- 14 Sep,2024
- 13 Sep,2024
- 12 Sep,2024
- 11 Sep,2024
- 10 Sep,2024
- 07 Sep,2024
- 06 Sep,2024
- 05 Sep,2024
- 04 Sep,2024
- 03 Sep,2024
- 02 Sep,2024
- 31 Aug,2024
- 30 Aug,2024
- 29 Aug,2024
- 28 Aug,2024
- 27 Aug,2024
- 26 Aug,2024
- 24 Aug,2024
- 23 Aug,2024
- 22 Aug,2024
- 21 Aug,2024
- 20 Aug,2024
- 19 Aug,2024
- 17 Aug,2024
- 16 Aug,2024
- 14 Aug,2024
- 13 Aug,2024
- 12 Aug,2024
- 10 Aug,2024
- 09 Aug,2024
- 08 Aug,2024
- 07 Aug,2024
- 06 Aug,2024
- 05 Aug,2024
- 03 Aug,2024
- 02 Aug,2024
- 01 Aug,2024
- 31 Jul,2024
- 30 Jul,2024
- 29 Jul,2024
- 27 Jul,2024
- 26 Jul,2024
- 25 Jul,2024
- 24 Jul,2024
- 23 Jul,2024
- 22 Jul,2024
- 20 Jul,2024
- 19 Jul,2024
- 18 Jul,2024
- 17 Jul,2024
- 16 Jul,2024
- 15 Jul,2024
- 13 Jul,2024
- 12 Jul,2024
- 11 Jul,2024
- 10 Jul,2024
- 09 Jul,2024
- 08 Jul,2024
- 06 Jul,2024
- 05 Jul,2024
- 04 Jul,2024
- 03 Jul,2024
- 02 Jul,2024
- 01 Jul,2024
- 29 Jun,2024
- 28 Jun,2024
- 27 Jun,2024
- 25 Jun,2024
- 22 Jun,2024
- 21 Jun,2024
- 20 Jun,2024
- 15 Jun,2024
- 14 Jun,2024
- 13 Jun,2024
- 12 Jun,2024
- 11 Jun,2024
- 10 Jun,2024
- 08 Jun,2024
- 07 Jun,2024
- 06 Jun,2024
- 05 Jun,2024
- 04 Jun,2024
- 03 Jun,2024
- 01 Jun,2024
- 30 May,2024
- 28 May,2024
- 24 May,2024
- 23 May,2024
- 22 May,2024
- 21 May,2024
- 20 May,2024
- 18 May,2024
- 17 May,2024
- 16 May,2024
- 15 May,2024
- 09 May,2024
- 06 May,2024
- 04 May,2024
- 03 May,2024
- 02 May,2024
- 01 May,2024
- 30 Apr,2024
- 26 Apr,2024
- 25 Apr,2024
- 24 Apr,2024
- 23 Apr,2024
- 22 Apr,2024
- 20 Apr,2024
- 19 Apr,2024
- 18 Apr,2024
- 17 Apr,2024
- 16 Apr,2024
- 15 Apr,2024
- 13 Apr,2024
- 12 Apr,2024
- 10 Apr,2024
- 09 Apr,2024
- 06 Apr,2024
- 05 Apr,2024
- 03 Apr,2024
- 02 Apr,2024
- 01 Apr,2024
- 30 Mar,2024
- 29 Mar,2024
- 28 Mar,2024
- 27 Mar,2024
- 26 Mar,2024
- 23 Mar,2024
- 22 Mar,2024
- 21 Mar,2024
- 20 Mar,2024
- 19 Mar,2024
- 18 Mar,2024
- 16 Mar,2024
- 15 Mar,2024
- 14 Mar,2024
- 13 Mar,2024
- 12 Mar,2024
- 09 Mar,2024
- 08 Mar,2024
- 07 Mar,2024
- 06 Mar,2024
- 05 Mar,2024
- 04 Mar,2024
- 02 Mar,2024
- 01 Mar,2024
- 29 Feb,2024
- 28 Feb,2024
- 27 Feb,2024
- 24 Feb,2024
- 23 Feb,2024
- 22 Feb,2024
- 21 Feb,2024
- 20 Feb,2024
- 19 Feb,2024
- 17 Feb,2024
- 16 Feb,2024
- 15 Feb,2024
- 14 Feb,2024
- 12 Feb,2024
- 10 Feb,2024
- 09 Feb,2024
- 07 Feb,2024
- 06 Feb,2024
- 01 Feb,2024
- 31 Jan,2024
- 30 Jan,2024
- 24 Jan,2024
- 22 Jan,2024
- 16 Jan,2024
- 15 Jan,2024
- 13 Jan,2024
- 12 Jan,2024
- 11 Jan,2024
- 10 Jan,2024
- 09 Jan,2024
- 08 Jan,2024
- 05 Jan,2024
- 03 Jan,2024
- 02 Jan,2024
- 30 Dec,2023
- 29 Dec,2023
- 27 Dec,2023
- 25 Dec,2023
- 23 Dec,2023
- 22 Dec,2023
- 09 Dec,2023
- 08 Dec,2023
- 07 Dec,2023
- 06 Dec,2023
- 05 Dec,2023
- 04 Dec,2023
- 02 Dec,2023
- 01 Dec,2023
- 29 Nov,2023
- 28 Nov,2023
- 27 Nov,2023
- 26 Nov,2023
- 25 Nov,2023
- 24 Nov,2023
- 23 Nov,2023
- 22 Nov,2023
- 21 Nov,2023
- 20 Nov,2023
- 19 Nov,2023
- 17 Nov,2023
- 14 Nov,2023
- 11 Nov,2023
- 25 Oct,2023
- 19 Oct,2023
- 14 Jan,2023
- 01 Jan,1970
- 12 Dec,0024
Current Affairs-Topics
SBI's $1.25 Billion Loan: India's Largest Loan of 2024
The Indian financial sector has secured a $1.25 billion loan from Gujarat International Finance Tec-City, marking the first major dollar loan from the sector in 2024. |
Loan Specification Details
- Total loan amount: $1.25 billion
- Duration: Five years
- Interest margin: 92.5 basis points over SOFR
- Arranged by: CTBC Bank, HSBC, Taipei Fubon Bank
- Location: Gujarat International Finance Tec-City
- Purpose: General corporate requirements
- First major dollar loan from Indian financial sector in 2024
Borrowing Landscape
- India's dollar loan volume dropped 27% to $14.2 billion
- Decline attributed to lack of large corporate borrowings
- Other financial institutions also seeking foreign currency loans:
- Cholamandalam Investment: $300 million syndicated loan
- Union Bank of India: A$125 million three-year loan
- Bank of Baroda: $750 million borrowing
- Non-banking finance companies leading foreign currency debt raising
- Stricter domestic regulations driving international borrowing
Strategic Context
- SBI's previous international loan: $750 million in July
- Part of broader trend of Indian financial institutions seeking global funding
- Demonstrates adaptability in challenging financial environment
- Indicates strategic approach to managing corporate financial needs
- Reflects global financial market interconnectedness
- Highlights India's growing financial sophistication
More Related Articles
Trump’s 25% Tariff on India
In a bold and controversial move, Trump’s 25% Tariff on India has officially come into effect from August 1, 2025. This decision by US President Donald Trump is being seen as a turning point
Legacy of Lord Meghnad Desai
Lord Meghnad Desai, the eminent Indian-origin UK economist, author, and peer in the British Parliament, has passed away at the age of 85. His death marks the loss of one of the most prominent Brit
New RBI AIF Norms From Jan 2026
The Reserve Bank of India (RBI) has released the New RBI AIF Norms to regulate how much banks and NBFCs (Non-Banking Financial Companies) can invest in Alternative Investment Funds (AIFs). These u
IMF India Growth Projection 2025–26
The International Monetary Fund (IMF) has released its latest economic outlook, revising the IMF India growth projection upward to 6.4% for both 2025 and 2026. This update reaffirms India's po
UPI Transactions in India FY19 to FY25
India's rapid shift toward becoming a digital economy has captured global attention. At the heart of this transformation lies the Unified Payments Interface (UPI) – a groundbreaking init
India’s Gig Economy Growth 2025
India’s gig economy has witnessed rapid growth in recent years, transforming the structure of the labour market. According to the latest Gig Workers India Statistics, by FY 2024–25, In
Russian Rouble Surge 2025
The Russian rouble surge in 2025 has caught global attention as it becomes one of the best-performing currencies worldwide. Since early 2025, the rouble has rallied by nearly 45% against the US do
UPI Apps Ranking 2025
The digital payment revolution in India continues to accelerate, and as of June 2025, PhonePe is leading the list of the Top UPI apps in India. Based on data shared by the National Payments Corpor
RBI PSL Guidelines 2025
The Reserve Bank of India (RBI) has introduced significant changes through the RBI PSL guidelines 2025, aimed at enhancing flexibility and operational efficiency for Small Finance Banks (SFBs).
Gold as a Reserve Currency
According to the European Central Bank (ECB) report released in June 2025, gold as a reserve currency has officially surpassed the euro to become the second-most held reserve asset globally.
&n