State Bank Of India

State Bank of India has informed that the Executive Committee of the Central Board in its meeting held on June 29, 2016, has approved to raise long term funds up to $1,500 million in single / multiple tranches through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during the Financial year 2016-17.

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