State Bank of India issues infra bonds to raise Rs 10,000 crore.
The largest lender in the nation, State Bank of India Ltd. (SBI), said that it issued its eighth infrastructure bond on November 18th, raising Rs 10,000 crore at a coupon rate of 7.23%. “The issue attracted an overwhelming response from investors with bids above Rs 11,500 crore and was oversubscribed more than 2 times as…