SBI Board approves fundraise of up to Rs 50,000 crore
The fundraise will happen through issue of debt instruments on a private placement basis during FY24
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The fundraise will happen through issue of debt instruments on a private placement basis during FY24
The State Bank of India on Friday said it will raise up to Rs 50,000 crore by issuance of debt instruments to Indian and overseas investors in the current financial year.
Mumbai: The State Bank of India (SBI) on Friday announced its plan to raise up to Rs 50,000 crore through debt instruments during the current fiscal year.
The market for risky perpetual bonds that banks count towards their capital will recover, the head of UniCredit said on Monday, adding that only at that time will his bank replace an issue it redeemed... | June 5, 2023
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