SBI to consider raising additional tier-1 capital next week


SBI to consider raising additional tier-1 capital next week

The bank said it plans to raise additional tier-1 (AT-1) capital by way of issuance of Basel III compliant debt instruments in US dollar or Indian rupee through a public offer or private placement to overseas and/or Indian investors during FY22.

"If you look at the quarter-wise performance, Q4 of the last financial year was the best in the company in the past three decades."


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