India’s SBI to raise $1.21 billion in additional tier-1 capital

BENGALURU (Reuters) – State Bank of India on Wednesday approved raising up to 100 billion rupees ($1.21 billion) in additional tier-1 capital by issuing debt in rupees or other convertible currencies.

($1 = 82.5280 Indian rupees)

(Reporting by Chris Thomas in Bengaluru; Editing by Vinay Dwivedi)

tagreuters.com2022binary_LYNXMPEIBD0KM-VIEWIMAGE

Close Bitnami banner
Bitnami