scorecardresearchSBI raises ₹4,000 crore via bonds

SBI raises 4,000 crore via bonds

Updated: 22 Sep 2022, 09:00 AM IST
TL;DR.
Country's largest lender in terms of asset size, deposits and customer base said the bond issue witnessed an overwhelming response from investors, attracting bids worth 9,647 crore, which was oversubscribed by about 5 times against the base issue size of 2,000 crore.
SBI’s capital adequacy ratio under Basel III norms stood at 13.43%, down 23 bps y-o-y. (Pradeep Gaur/ Mint)

SBI’s capital adequacy ratio under Basel III norms stood at 13.43%, down 23 bps y-o-y. (Pradeep Gaur/ Mint)