14.00 (1.36%) State Bank of India (SBI) is planning for long term fund raising in single / multiple tranches of up to $2 billion under Reg-S/144A, through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible foreign currency during the Financial Year 2023-24. The Executive Committee of the Central Board is scheduled to have a meeting on April 18, 2023 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.