State Bank Of India

With reference to the earlier letter dated March 18, 2016, State Bank of India has now informed that the Bank has on March 21, 2016 issued 5,000, 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% per annum. coupon payable annually and with call option after 5 years, aggregating to Rs 500 crores on private placement basis.

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