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SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% coupon
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, reflecting strong demand from institutional investors across multiple domestic financial segments.
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thehindubusinessline.com
SBI raises ₹4,691 crore from Tier I bonds to fund business growth
SBI raises ₹4,691 crore through Tier I bonds to support business growth, attracting strong investor interest with a 7.75% coupon rate.
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m.economictimes.com
SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% coupon
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,…