State Bank Of India

With reference to the earlier letter dated March 09, 2016, State Bank of India has informed that the Bank has, on March 18, 2016 issued 30,000, Basel III compliant, Tier-ll bonds in the nature of debentures, of face value of Rs 1,000,000 each at par, with 10 year tenure, bearing 8.45% p.a. coupon payable annually and with call option after 5 years, aggregating to Rs 3000 crores on private placement basis.

The above information is a part of company’s filings submitted to BSE.