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SBI to raise $ 1.5 billion from foreign bonds

24 Jun 2016 Evaluate

State Bank of India (SBI), country’s largest public sector lender, is planning to raise $ 1.5 billion from foreign markets via bonds to fund its expansion and pay off securities maturing in the year. The executive committee of the bank's board is meeting on June 29, 2016 to take a decision in this regard.

State Bank of India offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 961.00
PNB 122.50
Bank Of Baroda 238.50
Canara Bank 118.35
Union Bank Of India 185.20
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