State Bank of India breaks records with massive Rs 7,500 crore bond issuance
In a strategic move to bolster its capital base, State Bank of India, the country’s largest lender, has raised a substantial ₹7,500 crores through its second Basel III compliant Tier 2 bond issuance for the current financial year. This issuance marks a significant milestone, securing funds at a competitive coupon rate of 7.33% annually for […]