June 20, 2024 12:24 (IST)
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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

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.