16-07-2025
SBI board approves fundraising of up to Rs 20,000 crore via bonds
(You can now subscribe to our
(You can now subscribe to our ETMarkets WhatsApp channel
The board of India's largest public lender, State Bank of India ( SBI ), on Wednesday approved a plan to raise funds worth Rs 20,000 crore in INR through the issuance of Basel III-compliant Additional Tier 1 and Tier 2 lender will issue bonds to domestic investors during the current financial year, SBI said in its filing to the the fundraise announcement, shares of the lender rose over 2% to hit the day's high of Rs 834 on the TO COME....
