17 Oct 2025 | 3 Mins Read
SBI Raises 7,500 Crore via 10-Year Bonds with 6.93% Coupon
Flipitmoney
State Bank of India raised Rs 7,500 crore through 10-year Basel-III compliant Tier 2 bonds at 6.93 percent coupon rate, exceeding bids three-fold against the initial Rs 5,000 crore. The bonds are rated AAA with stable outlook and were subscribed by diverse institutional bidders, including provident funds and mutual funds.