Comments
The board of directors of State Bank of India will meet on Wednesday to seek approval, valid till March 31, 2018, to raise additional tier-1 capital from domestic and international markets. Investors will closely monitor the quantum of funds the PSU bank plans to raise this fiscal.
Also, on the investors’ radar would be the coupon rate that SBI will offer to the AT1 bonds and the timing of the fund-raising plans. Shareholders will closely monitor the development.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.