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SBI Secures ₹6,051 Crore in Major Bond Issuance

The Hindu

SBI raises ₹6,051 crore through bond issuance, attracting strong investor interest and reinforcing its financial stability for future growth.

SBI raises ₹6,051 crore through successful bond issuance.

Bonds have a 7.05% coupon rate and 10-year maturity.

Investor interest doubled with 47 bids received.

Rated AAA, the bonds comply with Basel III regulations.

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