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The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

The bonds with a face value of Rs 10 lakh each bears a coupon rate of 9.45 per cent per anum.

23 March 2019 10:34 AM IST

The Capital Raising Committee of the board in its meeting on March 12 allotted 48,700 BASEL III compliant unsecured, redeemable, non-convertible tier II bonds in the nature of debenture of Rs 1,00,000 each aggregating to Rs 487 crore, Karur Vysya Bank said in a regulatory filing. (Photo: File | PTI)

Karur Vysya Bank raises Rs 487 cr

The capital was raised on private placement basis, the bank said in a regulatory filing.

13 March 2019 3:33 PM IST