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SBI to raise $500 million in maiden green bond sale

Updated : September 19, 2018 05:14 PM IST

The tenor of the bonds is expected to be five years and the notes are to be issued by the bank's London branch.
With this issue SBI will become compliant with the global standards as prescribed by the Climate Bonds Initiative, a global not-for-profit investor-focused organisation.
SBI to raise $500 million in maiden green bond sale

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