SBI Raises ₹50,000 Crore Through AT1 Bonds at 7.98% Overview of SBI’s Fundraising Initiative The State Bank of India (SBI), one of India’s largest public sector banks, has successfully raised ₹50,000 crore through Additional Tier 1 (AT1) bonds. These bonds were issued at an attractive coupon rate of 7.98%, aimed at bolstering the bank’s capital…
Bank of Baroda to Raise ₹7,500 Crore Through AT1 and Tier 2 Bonds Bank of Baroda (BoB), one of India’s leading public sector banks, has announced its decision to raise ₹7,500 crore through Additional Tier 1 (AT1) and Tier 2 bonds. This strategic move aims to bolster the bank’s capital base, ensuring regulatory compliance and…
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