State Bank of India, the country’s largest bank, has listed foreign currency bonds worth USD 750 million under its Global Medium Note programme, with the purpose of funding its overseas business growth. The bond was issued through SBI’s London branch and was priced competitively. It was listed on India INX’s Global Securities Market, marking the first time international exchange at GIFT IFSC Gujarat has been used for an international bond issuance. The bank has created a strong investor base in the offshore capital markets, according to Dinesh Khara, chairman of SBI.
State Bank of India Raises USD 750 Million Via Bonds on India INX
Date:
Updated: [falahcoin_post_modified_date]
More like thisRelated
Revolutionary Small Business Exchange Network Connects Sellers and Buyers
Revolutionary SBEN connects small business sellers and buyers, transforming the way businesses are bought and sold in the U.S.
District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US
District 1 Commissioner Race in Orange County faces delays with recounts and ballot reviews. Find out who will come out on top in this close election.
Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US
Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.
Baltimore Orioles Host First-Ever ‘Faith Night’ with Players Sharing Testimonies, US
Experience the powerful testimonies of Baltimore Orioles players on their first-ever 'Faith Night.' Hear how their faith impacts their lives on and off the field.
