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LENDING & CREDIT | Cesar Tordesillas, India
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Bank of India picks seven banks for $175M loan

Bank of India is mandating a seven-bank group for a $175m two-year loan.

 

The seven are Bank of America Merrill Lynch, Barclays, Citigroup, Commerzbank, HSBC, RBS and Standard Chartered Bank.

This marks the banks return to the offshore loan market after a year.

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