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SBI’s Basel III compliant Additional Tier 1 Bond Issuance

SBI’s Basel III compliant Additional Tier 1 Bond Issuance

Jan 19, 2024, at 04:51 am

Mumbai: Public sector lender State Bank of India (SBI) raised Rs 5,000 crore on Thursday through its second Basel III compliant Additional Tier 1 bond issuance for the current financial year at a coupon rate of 8.34 percent.