SBI raises Rs. 4544 crores

State Bank of India has successfully raised Rs. 4,544 crore Non-Convertible, Taxable, Perpetual, Subordinated, Unsecured, Fully Paid Up Basel III compliant AT 1 Bonds at a coupon of 8.20% p.a.

Shares of State Bank of India was last trading in BSE at Rs. 523.25 as compared to the previous close of Rs. 525.10. The total number of shares traded during the day was 317073 in over 8357 trades.

The stock hit an intraday high of Rs. 529.00 and intraday low of 522.50. The net turnover during the day was Rs. 166675913.00.

Source : Equity Bulls

Keywords

StateBankofIndia INE062A01020 SBI FundRaising AT1Bonds