Wednesday, June 16, 2021

SBI to consider raising additional tier-1 capital next week

The bank said it plans to raise additional tier-1 (AT-1) capital by way of issuance of Basel III compliant debt instruments in US dollar or Indian rupee through a public offer or private placement to overseas and/or Indian investors during FY22.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-to-consider-raising-additional-tier-1-capital-next-week/articleshow/83581546.cms

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