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State Bank Of India
BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1038.20
-4.10 (-0.39%) SBI gets nod to raise fund of Rs 10,000 crore in FY23
Date: 29-11-2022State Bank of India’s (SBI) board has approved for raising of Infrastructure Bonds up to an amount of Rs 10,000 crore (including a green shoe option of Rs. 5,000 crore) through a public issue or private placement, during FY23. The Executive Committee of the Central Board in its meeting on Nov 29, 2022 has approved 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.