SBI raises Rs 6,051 crore through its second Tier 2 bond issuance

SBI raises Rs 6,051 crore through its second Tier 2 bond issuance

State Bank of India successfully raised ₹6,051 crore through its second Tier 2 bond issuance for the financial year. The bonds carry a coupon rate of 7.05% and have a 10-year tenor with a call option after five years. The issue attracted significant interest …

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SBI raises Rs 6,051 crore through its second Tier 2 bond issuance - FHMnews