SBI Raised ₹5,000 Crore Through AT-1 Bonds At A 7.98% Interest Rate
State Bank of India raised ₹5,000 crore through AT-1 bonds at a 7.98% interest rate, marking its first bond issuance this financial year. The bonds, rated AA+, drew bids that were more than 3.5 times the initial amount.
By Avi G
October 24, 2024