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SBI to raise $1billion
PTI
Last Updated IST

State Bank of India (SBI), is set to raise up to $ 1 billion (about Rs 4,700 crore) from the international market this month through issuing five-year maturity bonds.This will fill up the immediate fund-requirement of the bankito fuel its expansion plans in key-overseas markets, primarily setting up of around 40 new offices.

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(Published 04 October 2009, 22:38 IST)