Corporation Bank has raised loan through the international loan syndication market for the second time within a span of six months, the release said.
The deal was launched in the market at competitive pricing with an issue size of JPY equivalent of $50 million (with a greenshoe option of further JPY equivalent of $50 million), the release added further.
"The strong investor interest in the facility is a positive indicator of the growing interest amongst overseas lenders or strong Indian credits," V K Chopra, Chairman & MD of the bank, said.