Search result for 'additional tier 1 bonds'

State Bank of India (SBI) raised Rs 5,000 crore through the issuance of Basel III-compliant Additional Tier 1 bonds, attracting bids exceeding 3.5 times the base issue size. The bonds carry a 7.98%...

SBI reported a near-flat standalone net profit of Rs 17,035 crore for Q1 FY25, while total income increased to Rs 1,22,688 crore. Gross NPAs declined to 2.21% from 2.76% a year ago.

Canara Bank raised Rs 2,000 crore by issuing bonds to fund business growth. The bonds are non-convertible, taxable, and perpetual.