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State Bank of India planning to raise upto Rs 10,000 crore through infrastructure bonds

29 Dec 2022 Evaluate

State Bank of India (SBI) is planning to raise infrastructure bonds up to an amount of Rs 10,000 crore through a public issue or private placement, during FY23. A meeting of the Executive Committee of the Central Board of State Bank of India is scheduled to be held on January 03, 2023 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 980.00
PNB 123.90
Bank Of Baroda 241.50
Canara Bank 119.75
Union Bank Of India 186.15
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