MoneyWorks4Me

SBI raises Rs 50,000 crore via domestic bonds during FY25

27 Nov 2024 Evaluate

State Bank of India (SBI) has raised Rs 50,000 crore via domestic bonds during FY25. The country’s largest lender has raised Rs 5,000 crore AT1 Bonds, Rs 15,000 crore Tier 2 Bonds and Rs 30,000 crore Long Term Bonds till date during FY25 at very competitive rate. 

All these issues have attracted overwhelming response from investors and were oversubscribed by more than 2 times against the respective base issue size. The investors were across provident funds, pension funds, insurance companies, mutual funds, Banks etc. 

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 961.90
PNB 112.50
Bank Of Baroda 227.90
Canara Bank 120.90
Union Bank Of India 171.80
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