State Bank of India Raises Rs 7,500 Crore Through Basel III Compliant Tier 2 Bond Issuance

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State Bank of India Raises Rs 7,500 Crore Through Basel III Compliant Tier 2 Bond Issuance The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter and are rated AAA with stable outlook from CRISIL Ratings Limited and CARE Ratings Limited.
 
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