SBI raises ₹10,000 cr via 17th infra bond issue
The PSU bank has raised the debt capital at a coupon rate of 7.23% payable annually for a tenor of 15 years.
psu bank
November 2024
October 2024
September 2024
August 2024
July 2024
June 2024
May 2024
March 2024
SBI Q2 profit rises 28% to ₹18,331 cr; to raise ₹20,000 cr via bonds in FY25
The net interest income jumped 5.37% YoY to ₹41,620 crore in Q2 FY25, from ₹39,500 crore in the same period last year.
SBI plans to hire 10,000 in FY25; here’s how stock reacts
State Bank of India reportedly plans to hire 10,000 new employees and open 600 branches during the current financial year to improve its operations.
SBI raises ₹15,000 cr via Basel III bonds in a month
In less than a month, State Bank of India raised a total of ₹15,000 crore through issuance of Tier-2 bonds in two equal tranches.
Bank of Baroda raises ₹5,000 cr via infra bonds; here’s how stock reacts
The issue received an overwhelming response from investors with a total of 105 bids amounting to ₹14,215 crore against the total issue size of ₹5,000 crore.
SBI raises ₹7,500 cr via Tier 2 bonds; here’s how PSU bank stock reacts
The PSU bank has raised the fund at a coupon rate of 7.42% through its first Basel III compliant Tier 2 bond issuance for the current financial year.
SBI raises ₹10,000 cr via infra bonds; here’s how stock reacted
This is the sixth infra bond issued by the PSU bank; the proceeds will be used for funding infrastructure and affordable housing segments.
Union Bank shares gain on plan to raise funds up to ₹10,000 cr in FY25
The PSU bank plans to raise funds through equity and bonds during the current fiscal.
Why are Indian Overseas Bank shares falling for last 4 sessions?
The share price of PSU bank has declined nearly 1% today and around 7% since April 29.
SC dismisses SBI's plea for extension in Electoral bonds case; stock falls 2%
The apex court has given one day time to SBI to submit details of electoral bonds, rejecting its plea seeking an extension of time till June 30.
