State Bank Of India

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SBI gets approval to raise up to Rs 10,000 crore via infrastructure bonds

Date: 03-01-2023

State Bank of India (SBI) has received an approval for raising infrastructure bonds up to an amount of Rs 10,000 crore through a public issue or private placement, during FY23. The Executive Committee of the Central Board of the Bank at its meeting held on January 3, 2023 accorded approval for 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.