November 22, 2024 12:53 (IST)
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SBI raises Rs 7,500 cr via Basel III compliant Tier 2 bonds

SBI raises Rs 7,500 cr via Basel III compliant Tier 2 bonds

Mumbai: State Bank of India (SBI), the country’s largest lender, raised Rs 7,500 crore today at a coupon rate of 7.42% through its first Basel III compliant Tier 2 bond issuance for the current financial year, the lender said in a press release on Wednesday.

SBI’s Basel III compliant Additional Tier 1 Bond Issuance

SBI’s Basel III compliant Additional Tier 1 Bond Issuance

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.

SBI raises Rs 3,700 cr via AT-1 bonds

SBI raises Rs 3,700 cr via AT-1 bonds

Mumbai: The country’s largest lender SBI has raised Rs 3,717 crores by issuing Additional Tier 1 (AT-1) bonds at a coupon rate of 8.25%.