News in English

SBI may bank on infra bonds to raise Rs 10,000 crore next week

SBI may bank on infra bonds to raise Rs 10,000 crore next week

State Bank of India is expected to enter the debt market next week to raise up to Rs 10,000 crore via infrastructure bonds, with Bank of India likely to follow a week later to raise Rs 5,000 crore. These bonds help reduce lenders' overall funding costs as they are exempt from CRR and SLR

Читайте на 123ru.net