SBI Updates on MTN Programme

State Bank of India (SBI) has announced that the Bank's Medium Term Note (MTN) programme for USD 1 Billion was set up by the Bank in November 2004 and was upsized to USD 2 Billion in August 2005. The Programme has been updated and its scope enlarged to include raising of funds for Capital purposes (Upper Tier II and Hybrid Tier I) and for the inclusion of Nassau or other foreign offices including London for the purpose of issuance of Notes. The Programme is listed at Singapore Stock Exchange.

Source : Equity Bulls

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