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SBI raises $600m from overseas bond sale

The nation's largest lender State Bank of India (SBI) on Thursday raised $600 million from selling bonds to international investors at a coupon of 1.80 per cent. The issue, oversubscribed by 2.1 times, is part of the bank's $10 billion medium term note programme, the ratings of which were withdrawn by the rating agency Moody's on Wednesday.

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SBI raises $600m from overseas bond sale SBI raises $600m from overseas bond sale Reviewed by Space encyclopaedia on January 07, 2021 Rating: 5

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