SBI raised ₹50,000 crore through bond sales and partnered to offer small loans up to ₹3 lakh.

State Bank of India (SBI) has raised ₹50,000 crore through bond issuances this financial year, including ₹5,000 crore in Additional Tier 1 bonds, ₹15,000 crore in Tier 2 bonds, and ₹30,000 crore in Long-Term bonds. The bonds attracted significant investor interest, with many institutions participating. SBI also partnered with Muthoot Microfin to provide loans up to ₹3 lakh to qualified clients, with a total limit of ₹500 crore.

November 27, 2024
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