SBI, the largest lender in the country, has successfully raised a total of Rs 50,000 crore in the current financial year.
The fundraising efforts have attracted interest from various investors such as provident funds, pension funds, insurance companies, mutual funds, and banks.
The bond issues were oversubscribed by more than two times, indicating strong market demand and competitive pricing.
The total fundraising amount includes Rs 10,000 crore from infrastructure bonds, Rs 5,000 crore from AT1 Bonds, Rs 15,000 crore from Tier 2 Bonds, and Rs 30,000 crore from Long Term Bonds.
The strong market demand and competitive pricing have made the bond issues highly attractive to investors.
Overall, SBI's fundraising efforts have been successful, with the bond issues being oversubscribed and attracting interest from a wide range of investors.