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SBI Aims To Raise ₹5k Cr Via Bonds
Mint Bangalore
|February 06, 2025
The State Bank of India is looking to raise around ₹5,000 crore ($573.38 million) via Basel III-compliant additional Tier-I perpetual bonds before the end of February, three people aware of the matter said Wednesday.
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The country's largest lender could have a call option at the end of either five years or 10 years on the issue, the sources added.
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