SBI Raises 4000 CR Via Additional Tier 1 Bonds – Mint

SBI Raises 4000 CR Via Additional Tier 1 Bonds – Mint

MUMBAI : India’s state-owned bank (SBI), India’s largest lender, raised on Monday ₹4000 crore of perpetual bonds at a record coupon, a sign that investors are ready to invest again in these securities after the episode of Yes Bank, which saw the perpetual bonds of the private lender being canceled as part of its plan […]

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