SBI raises ₹4,691 crore through the issuance of tier-1 bonds. Details here

Mint has reported a new India-focused economy development: “SBI raises ₹4,691 crore through the issuance of tier-1 bonds. Details here.” The publisher's feed describes the story as follows: State Bank of India raised ₹4,691 crore through its first Basel III-compliant AT1 bond issuance, driven by strong institutional demand. The bonds have a 7.75% coupon rate and a perpetual tenor, with an AA+ rating from CRISIL and CARE Ratings. Intellectual Janata Party includes this item for public-affairs d
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