By CNBC-TV18 Jul 24, 2018 3:06:18 PM IST (Updated)
SBI was involved in making investor calls throughout Monday and will make decision on size and pricing of the issuance after getting a commitment, the Business Standard report said citing people close to the development.
State Bank of India (SBI) is looking to raise $500 million through maiden green bonds, reported Business Standard on Tuesday.
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SBI was involved in making investor calls throughout Monday and will make decision on size and pricing of the issuance after getting a commitment, the report said citing people close to the development.
Green bonds are regular bonds, the proceeds of which are used to fund sustainable projects and attract lower coupon than regular bonds.