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State Bank of India [SBI] raises 75 Crore dollars.

Mumbai : India | about 1 month ago  
Views: 22

State Bank of India [SBI] has raised 75 Crore dollars from overseas markets by issuing bonds.

Bank has raised these dollars for five-year maturity- fixed rate Senior Notes [securities].

These securities have a coupon rate of 4.5%.

The amount is raised by SBI Medium Term Notes program .

The Senior Notes were issued on October 23 by London branch of SBI.

They will be listed to the Singapore stock exchange.

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