The State Bank of India Ltd. (SBI) logo is seen at a branch in Mumbai (Photographer: Dhiraj Singh/Bloomberg)

SBI to Raise $1 Billion in Perpetual Debt to Boost Capital Ratio

(Bloomberg) -- State Bank of India, the nation’s largest lender by assets, is planning to raise as much as 70 billion rupees ($1 billion) through a perpetual debt sale as it seeks to boost capital ...

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