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Central Board of State Bank of India approves fund raising up to USD 1.5 billion

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Capital Market

On 11 June 2020

State Bank of India announced that the Executive committee of the Central Board in its meeting held on 11 June 2020 has approved long term fund raising in single/ multiple tranches up to USD 1.5 billion under Reg-S/144A through public offer and/ or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2020-21.

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First Published: Jun 11 2020 | 1:12 PM IST

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