InvestorQ : Why is SBI raising Rs11,000 crore funds in the market?
Aditi Sharma made post

Why is SBI raising Rs11,000 crore funds in the market?

Answer
image
Mahima Roy answered.
3 weeks ago
Follow

State Bank of India will raise Rs11,000 crore to meet regulatory requirements and support business growth, of which Rs7,000 crore will be AT-1 bonds and Rs4,000 crore will be AT-2 bonds. Its capital adequacy stands at 13.83%.

1 Views