SBI to sell up to Rs 10,000 crore of AT-1 bonds this week

July 12, 2023

SBI’s AT-1 bond sale is likely to have a base size of ₹3,000 crore and a green shoe option of ₹7,000 crore as the bank looks to raise capital amid strong credit growth, sources aware of the development said. Bidding for the bond sale is seen taking place from 10:30 to 11:30 am on July 13.

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