State Bank of India (SBI) on Wednesday said it will raise Rs 10,000 crore through fresh additional tier-1 (AT-1) bonds up to FY24.
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Earlier, the bank had raised Rs 10,000 crore through its first issue of infrastructure bonds. The bank will provide finance to infrastructure projects and affordable housing scheme through the funds raised through these bonds. Other than SBI, Bank of Baroda and ICICI Bank have raised funds through infrastructure bonds.