State Bank Of India

State Bank of India (SBI) is planning to raise Additional Tier 1 (AT1) Capital by way of issuance of Basel-III compliant debt instrument in USD and/ or INR from domestic/International market during FY 2020 subject to GoI concurrence. The meeting of Central Board of the Bank is scheduled to be held on July 1, 2019 to consider the same.

SBI 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.