State Bank of India’s board has approved raising up to Rs 60,000 crore in the current fiscal year through debt instruments. These funds will be raised via long-term bonds, Basel III-compliant Additional Tier 1, and Tier 2 Bonds. The issuance will be through public offer or private placement to Indian and overseas investors during FY27.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets