SBI to raise up to $1 bn by selling dollar bonds

SBI to raise up to $1 bn by selling dollar bonds

Bangalore: State Bank of India, or SBI, the nation’s largest bank, is seeking to raise $700 million (Rs3,353 crore) to $1 billion selling medium-term dollar bonds, chief financial officer S.S. Ranjan said over the phone. “Initial roadshows are going to be held." He declined to provide details.

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