Latest


SBI board to mull raising $2 bn via bonds in FY22

  •   Tue, Apr 27 2021 08:17:15 PM

Mumbai, Apr 27 (IANS): The State Bank of India (SBI) on Tuesday said that the Executive Committee of its Central Board will consider raising $2 billion through bonds in the financial year 2021-22.

The committee will meet on Wednesday, April 28, the bank said in a regulatory filing.

It said the Executive Committee will meet "to examine the status and decide on long term fund raising in single/multiple tranches up to US$2 Billion under Reg-S/144A, through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2021-22".

Shares of the bank on Tuesday closed at Rs 352.90, higher by Rs 8.55, or 2.48 per cent, from its previous close.

 
  

Top Stories

Mangaluru: Nitte DU’s 14th convocation ceremony held

  •   15 hours ago    1

Leave a Comment

Title: SBI board to mull raising $2 bn via bonds in FY22



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like