SBI Will Consider Raising It To $1.5 Billion. USA

6/4/2020 4:46:46 AM

BANGALORE: State Bank of India, India's largest lender, NSE-0.49%, said on Thursday that its board would consider raising funds on June 11 in the form of one or more trunks worth up to $1.5 billion.

The bank said it would raise funds through a public offering by 2020-21, a set of conditions that hold the currency in US dollars or other currencies.

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