State Bank of India Chairman: Seek to Raise $1 Billion to $2 Billion via Medium Term Notes Over Next 3-4 Months
Fox Business Saturday 16th June, 2012
State Bank of India (500112.BY) seeks to raise between $1 billion to $2 billion through medium-term notes in the near future, chairman Pratip Chaudhuri said Saturday.India's largest lender by assets plans to raise the money over the next three to four months, Mr. Chaudhuri told reporters on the sidelines of an event.He didn't give details, but the exercise is likely to meet demand for dollar funding from Indian companies that seek to expand their...
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