SBI raises Rs 10,000 crore through infra bond issuance

The State Bank of India (SBI) has raised ₹10,000 crore through an infrastructure bond issuance. The funds will be used to support infrastructure projects and enhance the bank’s lending capacity. This move is part of SBI’s strategy to contribute to the development of critical infrastructure in India. The bond issuance received strong investor interest, reflecting confidence in SBI’s financial stability and growth prospects. The bank is committed to supporting infrastructure development and contributing to the country’s economic growth. The funds raised will help SBI finance key projects and drive long-term growth.