State Bank of India to consider raising of AT1 and Tier 2 capital

State Bank Of India | Bank - Public | BFSI | BSE: 500112 | NSE: SBIN

10 Jul 2020 Evaluate

State Bank of India (SBI) is going to consider raising of AT1 and Tier 2 capital by way of issuance of Basel III compliant debt instrument in USD and/or INR during FY 21. The meeting of the Board of Directors of the Bank is scheduled on July 15, 2020 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.

Peers

Company Name	CMP
State Bank Of India	987.65
PNB	117.50
Bank Of Baroda	232.60
Canara Bank	122.75
Union Bank Of India	177.00
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.