State Bank of India Raises Rs 7,500 Crore Through Basel III Compliant Tier 2 Bond Issuance
The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter and are rated AAA with stable outlook from CRISIL Ratings Limited and CARE Ratings Limited.
Sep 18, 2024, 16:50 PM ISTSBI raises Rs 9,718 cr in second tranche of infra bonds
The fund proceeds will be utilised for enhancing long-term resources for funding infrastructure and affordable housing, the bank said in a statement.
Jan 18, 2023, 19:14 PM ISTSBI raises Rs 4,000 crore via tier-II bonds
State Bank of India did not elaborate on the usage of proceeds.
Dec 24, 2015, 12:18 PM ISTSBI may delay $1.5-billion bond sale due to Greek crisis
State Bank of India (SBI) may delay USD 1.5 billion overseas bond issuance programme due to volatility in foreign market as a result of Greek debt crisis.
Jul 08, 2015, 16:18 PM IST