sbi bank
MUMBAI, Aug 7 (Reuters) - State Bank of India (SBI.BO), the country's biggest lender, will raise 5 billion rupees ($105 million) via perpetual bonds, Chief Financial Officer S.S. Ranjan said on Friday.
The bonds will be placed with SBI Pension Fund, the official told reporters on the sidelines of a banking conference. ($1=47.8 rupees) (Reporting by Neha D'silva)
MUMBAI, Aug 7 (Reuters) - State Bank of India (SBI.BO), the country's biggest lender, will raise 5 billion rupees ($105 million) via perpetual bonds, Chief Financial Officer S.S. Ranjan said on Friday.
The bonds will be placed with SBI Pension Fund, the official told reporters on the sidelines of a banking conference. ($1=47.8 rupees) (Reporting by Neha D'silva)
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