Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
DEEP READ
Ukraine
access_time 16 Aug 2023 11:16 AM IST
Espionage in the UK
access_time 13 Jun 2025 10:20 PM IST
Yet another air tragedy
access_time 13 Jun 2025 9:45 AM IST
exit_to_app
Homechevron_rightBusinesschevron_rightSBI to raise over Rs...

SBI to raise over Rs 12K cr through overseas bonds

text_fields
bookmark_border
SBI to raise over Rs 12K cr through overseas bonds
cancel

Mumbai: The State Bank of India (SBI) on Monday said it will raise over Rs 12,600 crore ($2 billion) by issuing bonds in dollar or other convertible currencies.

"The executive committee of the Central Board... has approved long term fund raising in single/multiple tranches up to $2 billion," the state-run bank informed in a regulatory filing to the BSE.

The BSE filing added that raising of funds would be done through a public offer and/or private placement of senior unsecured notes in US dollar or any other convertible currency during FY 2017-18 and FY 2018-19.

Show Full Article
Next Story