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)