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SBI To Consider Raising Funds Via Infrastructure Bonds Worth Up To $1.21 Bn
SBI, the country's largest lender, said it will consider approval for raising funds through the issue of infrastructure bonds worth up to 100 billion rupees ($1.21 billion) during fiscal year 2023
Topics
sbi | fund raising | bond market
BENGALURU (Reuters) - State Bank of India, the country's largest lender, said on Wednesday it will consider approval for raising funds through the issue of infrastructure bonds worth up to 100 billion rupees ($1.21 billion) during fiscal year 2023.
A meeting of the executive committee of the central board of the bank is scheduled to be held on Jan. 3, the bank said in a regulatory filing.
($1 = 82.7820 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Wed, December 28 2022. 21:33 IST
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