Associate Sponsors

Co-sponsor

State Bank of India to decide on raising of AT1 capital

Image
Capital Market
Last Updated : Jun 26 2019 | 7:04 PM IST

On 01 June 2019

State Bank of India announced that the meeting of Central Board of the Bank is scheduled to be held on 01 June 2019 to consider inter alia the following resolution:

To raise Additional Tier 1 (AT1) Capital by way of issuance of Basel-III compliant debt instrument in USD and/ or INR from domestic/lnternational market during FY 2020 subject to Gol concurrence.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jun 26 2019 | 6:42 PM IST

Next Story