SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SBI to raise $300 million through bonds issue

08 Dec 2014 Evaluate

State Bank of India (SBI), the nation’s biggest lender, has decided to raise $300 million by way of issuing bonds and the proceeds would be used for general corporate purposes.  The bonds will carry an interest rate of 3.95% per annum, which will be paid semi-annually. The issuer of the bonds will be the London branch of SBI and the bank plans to list the notes on SIX Swiss Exchange.

SBI has registered 30.54% jump in its net profit at Rs 3100.41 crore for second quarter ended September 30, 2014 as compared to Rs 2375.01 crore for the same quarter in the previous year. Total income of the bank has increased 12.46% at Rs 41833.36 crore for Q2FY15 as compared Rs 37199.92 crore for the corresponding quarter previous year.

 

SBI Share Price

1115.50 35.15 (3.25%)
20-Apr-2026 11:22 View Price Chart
Peers
Company Name CMP
SBI 1115.50
PNB 114.65
Canara Bank 143.90
Bank Of Baroda 284.75
Union Bank Of India 189.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×