SBI may return to the rupee debt market after a year, with plans to raise funds through Basel III-compliant tier II bonds in October, Reuters reported. It will issue the bonds with 10-year duration to raise as much as ₹7,400 crore. Bonds will have call option at the end of five years, and at the end of every year thereafter.
short by
Shristi Acharya /
08:53 pm on
11 Oct