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State Bank Of India To Pay Attention To Raising Up To 1.5 Billion Dollars

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State Bank Of India To Pay Attention To Raising Up To 1.5 Billion Dollars . India’s biggest lender, State Bank of India, today  said its board will meet on June 11 to consider raising funds in single or multiple tranches of up to $1.5 billion. The bank said it will raise the funds during 2020-21 through a public offer, a private placement of senior secured notes in U.S. dollar or any other convertible currency.

News Source: EconomicTimes

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