SBI raises $750 million through issuance of foreign currency bonds on India INX1 min read 29 May 2023, 08:36 PM IST
SBI raised $750 million on India INX's Global Securities Market (GSM) through issuance of foreign currency bonds. The lender plans to expand its overseas business growth through the issue.
The largest public sector lender, State Bank of India (SBI) listed $750 million worth of foreign currency bonds on Monday, This is part of SBI's $10 billion 'Global Medium Note' programme under which it will fund its overseas business growth. SBI's share price ended on a positive note today.
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