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SBI buys NCDs worth Rs 200 crore of Muthoot Fincorp

27 Dec 2023 Evaluate

State Bank of India (SBI) has purchased non convertible debentures (NCDs) worth Rs 200 crore issued by Muthoot Fincorp. The debt issue has a five-year maturity with half-yearly being the frequency of the interest payment.

State Bank of India 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 945.10
PNB 121.00
Bank Of Baroda 233.00
Canara Bank 118.20
Union Bank Of India 184.00
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