State Bank Of India 9.95 Bd

Hi buddy I heard SBI (State Bank Of India) going to offer 15-year retail bonds (BD) at 9.95%, is it true , would you plz tell me about the same??

[pawan]

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company.

As per me SBI (State Bank Of India) had offered 15-year retail bonds (BD) at 9.95%, in 2011, that time around the bank is offering different rates for retail and non-retail investors. Non-retail investors, who include institutions and high net-worth individuals who invested in bulk, receive 9.3% for 10 years and 9.45% for 15-year investments. The bank also had an option to pre-pay investors in the 10-year bonds after 5 years and after 10 years for 15-year bondholders.

Bank profile:
Type Public
Traded as NSE: SBIN
BSE: 500112
LSE: SBID
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Founded 2 June 1806, Bank of Calcutta
27 January 1921, Imperial Bank of India
1 July 1955, State Bank of India
2 June 1956, nationalization
Headquarters Mumbai, Maharashtra, India
Area served Worldwide
Key people Arundhati Bhattacharya (Chairman)
Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards
Revenue 298,640.45 crore (US$47 billion) (2017)
273,461.13 crore (US$43 billion) (2016)
Operating income 50,847.90 crore (US$7.9 billion) (2017)
Profit 10,484.10 crore (US$1.6 billion) (2017)
9,950.65 crore (US$1.6 billion) (2016)
Total assets 2,705,966.30 crore (US$420 billion) (2017)
Total equity 144,274.65 crore (US$22 billion) (2016)
Owner Government of India (100%)
Number of employees 209,567 (2017)
207,739 (2016)
Capital ratio 13.12% (2016)