SBI Raises ₹7,500 Cr via Tier-II Bonds at a Tight 6.93%
The successful issuance of ₹7,500 crore in Tier-II bonds by SBI at a competitive rate of 6.93% reinforces the institution’s robust financial position. This transaction not only enhances Tier-II capital but also aligns with regulatory frameworks while facilitating future lending capabilities. Additionally, the pricing benchmark established by this issuance may encourage other prominent banks to…