SBI board approves fundraising of ₹50,000 cr in FY24
The funds will be raised by the issue of debt instruments, including Basel III compliant additional tier 1 and tier 2 bonds
The funds will be raised by the issue of debt instruments, including Basel III compliant additional tier 1 and tier 2 bonds
The private lender proposes to raise funds by issuing debt securities over the period of next twelve months.
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.