SBI Flexes Hard: Rs 6,051 Crore Bond Raise Shakes Investors

Okay, fam, listen up! SBI just pulled a major money move, snagging a whopping Rs 6,051 crore at a chill 7.05% interest rate. These Tier 2 bonds are locked in for 10 years, with a five-year escape hatch. Investors are totally vibing, doubling their bids like it’s a viral challenge. C S Setty is out here flexing that trust in the biggest bank around!