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SBI gets approval to raise up to Rs 10,000 crore via infrastructure bonds

03 Jan 2023 Evaluate

State Bank of India (SBI) has received an approval for raising infrastructure bonds up to an amount of Rs 10,000 crore through a public issue or private placement, during FY23. The Executive Committee of the Central Board of the Bank at its meeting held on January 3, 2023 accorded approval for 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.

SBI Share Price

1111.80 31.45 (2.91%)
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Peers
Company Name CMP
SBI 1111.80
PNB 114.65
Canara Bank 144.05
Bank Of Baroda 285.00
Union Bank Of India 192.05
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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