Mouthpiece1 State Bank of India looks to raise Rs 8,931 crore via tier-II bonds
By Administrator_India Capital Sands State Bank of India priced the country’s biggest offering of local-currency tier-II bonds yet as the lender boosts its capital buffers amid the worsening financial health of domestic companies. India’s largest bank looks to raise Rs 8,931 crore ($1.19 billion) through 15-year bonds that comply with Basel III capital norms, according …