You are here: Home » News-CM » Companies » News
Business Standard

State Bank of India raises Rs 4544 cr via AT 1 Bonds

Capital Market 

State Bank of India has successfully raised Rs. 4,544 crore Non-Convertible, Taxable, Perpetual, Subordinated, Unsecured, Fully Paid Up Basel III compliant AT 1 Bonds at a coupon of 8.20% p.a.

The allotment took place on 21 February 2023 on a private placement basis. The Bonds are proposed to be listed on BSE and NSE.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, February 22 2023. 10:57 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU