State Bank of India (SBI) is likely to issue tier-II bonds worth ₹5,000 crore by August, with preliminary discussions already underway, according to a recent report.

State Bank of India (SBI) is likely to issue tier-II bonds worth ₹5,000 crore by August, with preliminary discussions already underway, according to a recent report.

The State Bank of India (SBI) is planning to raise ₹5,000 crore through tier-II bonds by August, according to a report. The move is part of the bank’s efforts to strengthen its capital base and meet the regulatory requirements. Tier-II bonds are a type of debt...