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

Delhi-NCR Housing Prices Rise 6% in 2025 After 49% Surge in 2024, Bengaluru Tops With 13% Growth:...
Delhi-NCR Housing Prices Rise 6% in 2025 After 49% Surge in 2024, Bengaluru Tops With 13% Growth:...
₹294 Crore Pune Deal Sealed, Lodha Developers Buys 80% Stake In SRPL To Expand Business
₹294 Crore Pune Deal Sealed, Lodha Developers Buys 80% Stake In SRPL To Expand Business
Corruption Blocking Pakistan’s Growth Path, Political Reform Key To Economic Revival: Report
Corruption Blocking Pakistan’s Growth Path, Political Reform Key To Economic Revival: Report
₹19,675 Crore FPI Inflow In February, Foreign Investors Make Strong Comeback
₹19,675 Crore FPI Inflow In February, Foreign Investors Make Strong Comeback
Budget 2026-27 Pushes MSMEs With ₹10,000 Crore Fund, Sector Contributes 35% Manufacturing Output
Budget 2026-27 Pushes MSMEs With ₹10,000 Crore Fund, Sector Contributes 35% Manufacturing Output