MoneyWorks4Me

SBI to raise Rs 20,000 crore for financing infrastructure, affordable housing

18 Jan 2018 Evaluate

State Bank of India (SBI) has received an approval for issuance of long term bonds of Rs 20,000 crore for financing of infrastructure and affordable housing in domestic and overseas market in FY 2017-18 and FY 2018-19. The Executive Committee of Central Board (ECCB) at its meeting held on January 17, 2018 approved 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.



Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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