Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

SBI raises Rs 3105 crore through Basel-III compliant bonds

03 Sep 2019

State Bank of India (SBI) has raised up to Rs 3,105 crore by issuing bonds under the Basel-III regulations. The Board of the company at its meeting held on August 30, 2019, approved the allotment 31,048 non-convertible, taxable, perpetual, subordinated, unsecured Basel-III-compliant bonds for inclusion in additional tier-I capital of the bank.

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.

Related State Bank Of India Links:

SBI Share Price

425.95 -3.55 (-0.83%) Jun 16, 18:01
1 Year Price Chart
Company Name CMP
SBI 425.95
Bank Of Baroda 84.40
PNB 41.75
Canara Bank 152.10
Bank Of India 78.50
View more..
Sensex vs SBI
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323