SBI raises Rs 10,000 cr via bond sales to fund infra projects

Separately, ICICI Bank is likely to carry out a sale of infrastructure bonds on June 28, with the private lender looking to raise up to ₹3,000 crore through 10-year securities, debt capital market sources said. SBI’s infrastructure bonds, which mature in 15 years, bear a coupon – or rate of interest to be paid to investors – of 7.36%.

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