Epic Research

Thursday, April 10, 2014

Epic Research Update : State Bank of India

Epic Update State Bank of IndiaState Bank of India (SBI), country’s largest lender is reportedly planning to raise $750 million to $1 billion through bond sales, reviving overseas fund raising by Indian companies as international investors believe that the outlook for the Indian economy is set to improve. The bonds could be priced somewhere between 240 basis points and 250 basis points above the 10-year US treasuries.

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