SBI Raises Rs 7,500 Crore via Tier-II Bonds
August 28, 2024 17:09
SBI raised Rs 7,500 crore through its first Basel III-compliant tier-2 bond issuance for FY24, attracting bids exceeding Rs 8,800 crore. The bonds carry a 7.42% coupon rate and mature in 15 years.