Jun 11, 09:45 AM

SBI & Union Bank Board Approve Fund Raises: $3B, ₹6,000Cr, ₹10,000Cr

State Bank of India (SBI) and Union Bank have both received board approvals for significant fund raises. SBI plans to raise up to $3 billion in FY25 through public or private placement of unsecured notes. Union Bank has approved raising ₹6,000 crore via shares and up to ₹10,000 crore via QIPs and bonds.

#State Bank of India #SBI #Union Bank

Written with ChatGPT (GPT-3).

Sources

CNBC-TV18@CNBCTV18Live
2 years ago
Union Bank board approves raising funds up to ₹10,000 crore via QIPs and bonds @senmeghna https://t.co/7fF90tP4XD
ET NOW@ETNOWlive
2 years ago
JUST IN | Union Bank board approves raising Rs 6,000 cr via shares: Agencies @UnionBankTweets https://t.co/h2eXvUdtOn
ET NOW@ETNOWlive
2 years ago
JUST IN | Union Bank board approves raising ₹6,000 cr via shares: Agencies https://t.co/AIAWbAz9XE

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SBI & Union Bank Board Approve Fund Raises: $3B, ₹6,000Cr, ₹10,000Cr

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