Sources aware of the development told ET that SBI is considering a fund-raise in the range of ₹3,000 crore to ₹5,000 crore through AT-1 bonds, which are perpetual debt instruments.
US corporate bond spreads hit widest in about 6 months on recession fears
The widening yield spreads between corporate bonds and U.S. Treasuries signal growing investor concerns over a potential recession and a global trade war.