November 22, 2024 11:56 (IST)
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SBI raises Rs 10,000 cr via infra bonds

SBI raises Rs 10,000 cr via infra bonds

Mumbai: The State Bank of India (SBI) has raised Rs 10,000 crore through 15-year infrastructure bonds to finance projects in sectors such as power and roads.

SBI to raise Rs 10,000 cr via infra bonds: Report

SBI to raise Rs 10,000 cr via infra bonds: Report

Mumbai: The State Bank of India (SBI), the country's largest lender, has initiated discussions with market participants to raise approximately Rs 10,000 crore ($1.20 billion) through infrastructure bonds, reported Reuters on Tuesday, citing two merchant bankers.

SBI raises Rs 10,000 cr via infra bonds

SBI raises Rs 10,000 cr via infra bonds

Mumbai: India’s largest lender State Bank of India (SBI) announced the successful issuance of its fourth set of infrastructure bonds, raising Rs 10,000 crore at a coupon rate of 7.49 percent.