India Economy

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India Economy

A man walks past a State bank of India (SBI) signage in Mumbai, India, 01 November, 2023. India's largest lender, State Bank of India (SBI), has announced that it had raised Rs 10,000 crore by issuing tier 2 bonds. The bank has successfully raised the amount at an interest rate of 7.81% and is issued for a period of 15 years, featuring the first call option after 10 years, according to an Indian media report. (Photo by Niharika Kulkarni/NurPhoto)


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