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State Bank of India gets nod to raise upto Rs 20,000 crore through bonds

19 Jun 2024 Evaluate

State Bank of India (SBI) has received approval for raising long term bonds up to an amount of Rs 20,000 crore through a public issue or private placement, during FY25. The Central Board at its meeting held on June 19, 2024 has approved the same. 

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 954.55
PNB 114.40
Bank Of Baroda 234.55
Canara Bank 118.75
Union Bank Of India 173.00
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