At meeting held on 02 August 207
State Bank of India announced that the committee of Directors for capital rising accorded its approval on 2 August 2017 to allot 20,000 AT1 Basel III compliant Non- Covertible, Perpetual, Subordinated, Bonds in nature of debentures of face value of Rs 10 lakh each at par bearing coupon @8.15% p.a. payable annually with call option after 5 years or any anniversary date thereafter aggregating to Rs 2000 crore to various investors.Powered by Capital Market - Live News
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