Through an exchange filing, India's largest public sector lender State Bank of India has announced the allotment of 4,544 bonds at a coupon rate of 8.20 per cent.
The issue of non-convertible, taxable, perpetual, subordinated, unsecured and fully paid up debentures is worth Rs 4,544 crore.
These are Basel III compliant AT1 bonds, which will provide an annual interest payout.
New Delhi: Opposition Stages Protest In Parliament Premises, Rahul & Priyanka Gandhi Lead Charge Over SIR
'Tanya Mittal's Bodyshaming Remark Took Me Back To My Darkest Phase': Bigg Boss 19's Ashnoor Kaur Gets Emotional—EXCLUSIVE
Indian Railways Promotes Renuka Singh Thakur, Pratika Rawal & Sneh Rana To Officer-Rank Posts For World Cup Triumph
Samantha Ruth Prabhu, Raj Nidimoru's UNSEEN Wedding Pictures Go Viral: Who Is Shilpa Reddy With The Newlyweds?
