अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » IANS » SBI Board to discuss raising capital via bonds on July 15

SBI Board to discuss raising capital via bonds on July 15

By IANS
Published on :

Mumbai, July 10 (IANS) The State Bank of India (SBI) on Friday said that its Central Board will meet on July 15 to consider raising funds through bonds.

In a regulatory filing, the bank said, its board will “seek approval for raising of Additional Tier 1 (AT 1) and Tier 2 Capital by way of issuance of Basel-III compliant debt instrument in USD and/or INR during FY 21”

Several banks, both private and public, are looking at raising funds of late.

On Wednesday, the board of ICICI Bank approved a proposal to raise Rs 15,000 crore through fresh equity.

–IANS

rrb/sn/vd

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Latests Posts