SBI likely to raise up to Rs 7,500 crore via tier-2 bonds

September 11, 2024

State Bank of India plans to raise up to ₹7,500 crore through tier-2 bonds next week to meet growing credit demand. The bond sale, with a base size of ₹3,500-4,000 crore and the remainder via a greenshoe option, is set for September 18. The funds will likely support regulatory requirements and business growth.

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