SBI to raise Rs. 10,000 crores through infrastructure bonds

The Executive Committee of the Central Board of State Bank of India at its Meeting held today i.e., 29.11.2022, has accorded approval for raising Infrastructure Bonds up to an amount of Rs. 10,000 crores (including a green shoe option of Rs. 5,000 crores) through a public issue or private placement, during FY23.

Shares of State Bank of India was last trading in BSE at Rs. 608.40 as compared to the previous close of Rs. 608.70. The total number of shares traded during the day was 390586 in over 9082 trades.

The stock hit an intraday high of Rs. 611.65 and intraday low of 607.15. The net turnover during the day was Rs. 238011083.00.

Source : Equity Bulls

Keywords

StateBankofIndia INE062A01020 SBIN FundRaising InfrastructureBonds PrivatePlacement PublicIssue