The notes are rated A1+ by CRISIL and the terms of the deal
were set on Thursday.
($1 = 82.1390 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, Feb 3 (Reuters) - India's Federal Bank plans to raise funds through a sale of certificates of deposit
maturing in one year, three merchant bankers said on Friday.
The private lender will offer a yield of 7.85% on the issue,
which has received commitments worth around 10 billion rupees
($121.74 million), the bankers said.
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