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2024

SBI to raise USD 3 billion through debt in the current fiscal year FY25

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Mumbai (Maharashtra) [India], June 11 (ANI): State Bank of India (SBI), board has cleared a proposal to raise USD 3 billion via debt in FY25. The lender will raise the funds in one or more tranches through a public offer or a private placement of senior unsecured notes in USD or any other major foreign currency.

India's largest public sector bank, SBI, said through an exchange filing that its board has approved raising up