SBI raises ₹10,000 crore via infrastructure bond issuance
The Free Press Journal|November 19, 2024
Country's largest lender State Bank of India on Monday said it has raised Rs 10,000 crore through its seventh infrastructure bond issuance.
SBI raises ₹10,000 crore via infrastructure bond issuance

SBI raised Rs 10,000 crore on Monday at a coupon rate of 7.23 per cent via its seventh infrastructure bond issuance, the lender said in a statement.

The issue attracted overwhelming response from investors with bids in excess of Rs 11,500 crore and was oversubscribed in excess of 2 times against the base issue size of Rs 5,000 crore, it said.

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