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Tag: SBI issues infrastructure bond

SBI raises ₹10,000 crore through infrastructure bond issuance 

Posted on June 26, 2024 By admin
SBI raises ₹10,000 crore through infrastructure bond issuance 

State Bank of India (SBI) said it had raised ₹10,000 crore at a coupon rate of 7.36% through its fifth infrastructure bond issuance. “The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore,” the bank said…

Read More “SBI raises ₹10,000 crore through infrastructure bond issuance ” »

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