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Rajiv Sharma

SBI plans to raise 5000 crores through AT-1 bonds due to funding needs

SBI plans to raise 5000 crores through AT-1 bonds due to funding needs

The State Bank of India (SBI), the largest bank in the government sector, is planning to raise ₹5,000 crores through the issuance of Additional Tier-1 Bonds (AT-1 Bonds) next week. This move is part of the bank’s broader strategy to enhance its capital base and support its lending activities, thereby ensuring sufficient liquidity to meet ...