SBI successfully raises Rs 10,000 crores via infrastructure bonds

The State Bank of India (SBI), the country’s largest lender, achieved a milestone by raising Rs 10,000 crores through its fourth infrastructure bond issuance, garnering an enthusiastic response from investors. The bonds were issued at a coupon rate of 7.49 per cent, further establishing SBI’s strong position in the market, the SBI said in a release.

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