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State Bank Of India
BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1062.80
9.90 (0.94%) State Bank of India to consider raising of AT1 and Tier 2 capital
Date: 10-07-2020State Bank of India (SBI) is going to consider raising of AT1 and Tier 2 capital by way of issuance of Basel III compliant debt instrument in USD and/or INR during FY 21. The meeting of the Board of Directors of the Bank is scheduled on July 15, 2020 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.