SBI raises Rs 4,000 crore from AT1 bonds

Meanwhile, Axis Bank has already tapped the international market to raise AT1 bonds. Several other public sector banks are looking at issuing the bonds — both locally and in the international market — following the good response to recent issues. According to bankers, there is fresh interest for AT1 bonds as these offer a higher rate of return and yields are very low in the debt market.

from Markets-Economic Times https://ift.tt/38ywP0L