Friday, July 5, 2024

BANKING

State Bank of India is expected to enter the debt market next week to raise up to Rs 10,000 crore via infrastructure bonds, with Bank of India likely to follow a week later to raise Rs 5,000 crore. These bonds help reduce lenders' overall funding costs as they are exempt from CRR and SLR

from Banking/Finance-Industry-Economic Times https://ift.tt/8QZU2BK
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