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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 ...
The issue received an overwhelming response, with bids amounting to nearly three times the base issue size of Rs 5000 crore.
The bonds have a tenor of 10 years, with a call option after five years and on each anniversary date thereafter. The bonds ...
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 ...
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