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SBI gets Board approval for raising LT funds up to USD 2 billion

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Capital Market

For FY 2017-18 and FY 2018-19

State Bank of India announced that the Executive Committee of the Central Board in its meeting held on 08 January 2018 has approved long term fund raising in single or multiple tranches up to USD 2 billion under Reg-S/144A, through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2017-18 and FY 2018-19.

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First Published: Jan 08 2018 | 11:37 AM IST

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