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SBI raises $300 million via 3-year bond after RBI’s ECB push

SBI raised $300 million via three-year floating-rate notes from London, becoming among the first large PSU lenders to use RBI's new overseas-borrowing incentives. The issue is part of a board-approved $2 billion FY27 overseas bond plan.

By Subhana Shaikh· Livemint· 3 months ago· 2 min read
SBI raises $300 million via 3-year bond after RBI’s ECB push

SBI raised $300 million via three-year floating-rate notes from London, becoming among the first large PSU lenders to use RBI's new overseas-borrowing incentives. The issue is part of a board-approved $2 billion FY27 overseas bond plan. For the full story, visit the source.

This summary is sourced from Livemint. Read the full article at:Livemint
#Bonds#Ecb#Foreign Bonds#Overseas Borrowing#Psu Lenders#Rbi#Reserve Bank Of India#Sbi#State Bank Of India