Connect with us

Hi, what are you looking for?


SBI to raise $1.5 bn from dollar denominated bonds

sbiState Bank of India would raise $ 1.5 billion by issuing dollar denominated bonds in the current financial year, according to a BSE filing from the bank. The bank said the executive committee of the central board will meet on 29 June to consider this proposal. The board would examine the status and decide on long term fund raising in single/multiple tranches up to $ 1500 million ($ one thousand five hundred million) through a public offer and/or private placement of senior unsecured notes in US dollar or any other convertible currency during the financial year 2016-17, it said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PR Newswire

Copyright © Glocal Infomart Pvt Ltd. All rights reserved. Usage of content from website is subject to Terms and Conditions.