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SBI puts off ₹15K-cr fundraising plan on elevated yields
Financial Express Lucknow
|March 18, 2025
STATE BANK OF India is shelving plans to raise funds this fiscal, discouraged by elevated bond yields despite a policy rate cut and liquidity boost from the Reserve Bank of India, three sources said on Monday.
The bank had planned to raise as much as ₹15,000 crore (about $1.7 billion) through sale of bonds before March, but will now tap the market in the next financial year, sources said.
This story is from the March 18, 2025 edition of Financial Express Lucknow.
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