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Published on 5/23/2011 in the Prospect News Emerging Markets Daily.

India's IDBI plans up to $300 million equivalent Swiss franc notes

By Christine Van Dusen

Atlanta, May 23 - Industrial Development Bank of India Ltd. (IDBI Bank) plans to issue up to $300 million equivalent of Swiss franc-denominated notes, a market source said.

No other details were immediately available on Monday.

IDBI Bank is a lender based in Mumbai.


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