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SBI secures Rs 4,691 crore through Basel III AT1 bond issuance with a 7.75% coupon
29-Jul-2026, 03:00
State Bank of India (SBI) has raised Rs 4,691 crore through its first Basel III compliant Additional Tier 1 bond issuance for the current financial year, at a coupon rate of 7.75%, attracting bids exceeding 2 times the base issue size of Rs 3,000 crore, according to a press release.
State Bank of India (SBI) has raised Rs 4,691 crore through its first Basel III compliant Additional Tier 1 bond issuance for the current financial year, at a coupon rate of 7.75%, attracting bids exceeding 2 times the base issue size of Rs 3,000 crore, according to a press release.