State Bank of India raises Rs 5,000cr through Additional Tier 1 bonds at 7.98%
State Bank of India (SBI), the country’s largest public sector lender, has successfully raised ₹5,000 crores through its first Basel III compliant Additional Tier 1 (AT1) bond issuance for the current financial year. This issuance was completed at a competitive coupon rate of 7.98%, marking a significant move by the bank in diversifying and strengthening […]