- State Bank of India has raised $1 billion (about Rs.4,700 crore) through bonds from the U.S. market. The bond issue was oversubscribed 4.8 times.
- The U.S.-based investors received 55 per cent of the allocation while Asian investors got 28 per cent and the balance 17 per cent was accounted for by European investors.
Seeralan is an MBA from Bharathiyar University and is currently pursuing PhD in Managerial Economics. He has been guiding Exam Aspirants on Current Affairs.
on 
RSS
Twitter
Facebook
Orkut
