SBI raises ₹4,691 crore through Tier I bonds to support business growth, attracting strong investor interest with a 7.75% coupon rate.

SBI raises ₹4,691 crore through Tier I bonds to support business growth, attracting strong investor interest with a 7.75% coupon rate.

State Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received bids exceeding twice the base size,…