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3 months ago

State Bank of India to Issue Perpetual Bonds Valued at 50 Billion Rupees

State Bank of India $SBIN.NS, the largest lender in the country, plans to raise approximately 50 billion rupees ($573.38 million) through the issuance of additional perpetual bonds of the Tier 1 category, meeting Basel III standards. This issuance is expected to be completed by the end of February, according to information from three informed sources.

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CapitalCompass

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Raise investment

Lily Mystic@MysticBloom

3 months ago

State Bank of India to Issue Perpetual Bonds Valued at 50 Billion Rupees

State Bank of India $SBIN.NS, the largest lender in the country, plans to raise approximately 50 billion rupees ($573.38 million) through the issuance of additional perpetual bonds of the Tier 1 category, meeting Basel III standards. This issuance is expected to be completed by the end of February, according to information from three informed sources.

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