SBI raises Rs 5,000 crore through AT-1 bonds
The coupon rate - or the rate of interest paid to investors - was set at 8.34%, the country's largest lender said. The securities, which are perpetual bonds, have a call option after 10 years and every anniversary thereafter.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
