SBI, other PSU Banks hit Bond Street to raise Rs 20,000 cr by month-end

State-owned banks, including SBI and Bank of Baroda, aimed to raise nearly ₹20,000 crore by month’s end through debt markets, responding to a credit growth outpacing deposit growth. SBI planned to raise ₹5,000 crore-10,000 crore with tier-2 bonds, and Canara Bank would issue AT-1 bonds worth up to ₹4,000 crore to meet financial demands.

More To Explore

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003