MoneyWorks4Me

State Bank of India to raise $1,500 million

29 Jun 2016 Evaluate

State Bank of India is planning to raise long term funds up to $1,500 million in single / multiple tranches through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during the financial year 2016-17. The Executive Committee of the Central Board in its meeting held on June 29, 2016, has approved for the same.

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 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
View more..