trending Market Intelligence /marketintelligence/en/news-insights/trending/5pIr72EYbE33vUktVyambQ2 content esgSubNav
In This List

State Bank of India to raise 80B rupees via debt issue

Blog

Insight Weekly: Private equity slows; SPAC underwriters retreat; carbon capture boost

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines


State Bank of India to raise 80B rupees via debt issue

State Bank of India aims to raise up to 80 billion rupees of Additional Tier 1 capital through March 31, 2018.

The bank said Dec. 27 that its board approved to raise the capital by issuing Basel III-compliant debt instruments, including masala bonds, or Indian rupee-denominated bonds issued outside India.

As of Dec. 27, US$1 was equivalent to 64.16 Indian rupees.