State Bank of India (SBI) is planning for long term fund raising in single / multiple tranches up to $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 2017-18 and FY 2018-19. The meeting of the Executive Committee of the Central Board is scheduled on January 08, 2018, to consider the same.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
