SBI lists Reg-S dollar bond on NSE-IX

STATE BANK OF India has listed its Regulation-S bond worth $500 million on the NSE International Exchange IFSC (NSE-IX), it said in a press release on Tuesday.

- FE BUREAU

STATE BANK OF India (SBI) chairman CS Setty on Tuesday said sustained consumption would drive private capital expenditure, as corporates are already operating at around 75% capacity utilisation.

He said that the public capex pipeline is very strong, with public sector refineries making investments for capacity expansion.

SBI's own books have a ₹3-4 lakh crore of corporate loans, he said, adding that these are for projects which are either approved or at discussion with the bank. "But this is predominantly coming from refineries, particularly in the public sector refineries and data centres and renewable energy," he said at an event organised by AIMA.