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

Capital Market 

For FY 2017-18 and FY 2018-19

announced that the of the 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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 11:37 IST