SBI raises Rs 4,000 CR via additional level 1 bonds – Zee News

SBI raises Rs 4,000 CR via additional level 1 bonds – Zee News

Mumbai: The state-owned bank of India (SBI), the country’s largest lender, said on Wednesday it had raised Rs 4,000 crore through the issuance of Basel III-compliant debt instruments. At its Wednesday meeting, the Board of Directors for Capital Raising approved the allocation of an additional 40,000 Basel III Compliant Level 1 (AT1) bonds totaling Rs […]

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