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State Bank of India (SBI) said it raised ₹7,500 crore at a coupon rate of 6.93% through its Basel III compliant Tier 2 bond ...
SBI raises ₹7,500 crores through Tier 2 bond issuance with strong investor response, showcasing trust in India's largest bank ...
On October 15, Moneycontrol reported that SBI plans to raise up to Rs 7,500 crore through Basel-III compliant Tier-II bonds ...
The bonds have a tenor of 10 years, with a call option after five years and on each anniversary date thereafter. The bonds ...
The issue received an overwhelming response, with bids amounting to nearly three times the base issue size of Rs 5000 crore.
State Bank of India (SBI) has successfully raised ₹7,500 crore via a Basel III compliant Tier 2 bond issuance at a coupon rate of 6.93%.
Press Trust of India on MSN

SBI Raises ₹7,500 Cr through Bond Issue

SBI raises ₹7,500 crore through a bond issue, enhancing its capital adequacy and funding capacity, supporting lending ...
National Bank for Agriculture and Rural Development (Nabard), too, tapped the market on Friday, raising Rs 6,825.5 crore, ...
The decision comes after Max Life itself requested the cancellation in a letter dated December 31, 2024, citing corporate ...
SBI's digital transformation enables SMEs to get loan approvals of up to Rs 5 crore within 25-26 minutes. This initiative ...