SBI board approves sale of bonds to raise Rs 10,000 cr

SBI board approves sale of bonds to raise Rs 10,000 cr

The issue will be subject to concurrence from government of India.

FPJ Web DeskUpdated: Wednesday, December 14, 2022, 06:17 PM IST
article-image
Representational Image | Pixabay

According to a regulatory filing, the board of the State Bank of India has approved issuance of Base III compliant bonds to raise Rs 10,000 crore.

The issue will be subject to agreement from the government of India.

RECENT STORIES

EaseMyTrip Co-Founder Stuck In Bengaluru Traffic, Pledges ₹1 Crore To Solve It With AI & Maps

EaseMyTrip Co-Founder Stuck In Bengaluru Traffic, Pledges ₹1 Crore To Solve It With AI & Maps

Indian Delegation Reaches Washington For Trade Talks, Key Issues On Agriculture & Tariffs On Agenda

Indian Delegation Reaches Washington For Trade Talks, Key Issues On Agriculture & Tariffs On Agenda

Ola Electric Shares Surge 17% After Q1 Results, Strong FY26 Outlook Boosts Investor Sentiment

Ola Electric Shares Surge 17% After Q1 Results, Strong FY26 Outlook Boosts Investor Sentiment

NSE Becomes World's 4th-Largest IPO Fundraising Exchange With $5.51 Billion In H1 2025

NSE Becomes World's 4th-Largest IPO Fundraising Exchange With $5.51 Billion In H1 2025

WPI Inflation Slips Into Negative Zone In June, Food & Fuel Prices Lead Deflation

WPI Inflation Slips Into Negative Zone In June, Food & Fuel Prices Lead Deflation