SBI to Issue Infrastructure Bonds After 16-Month Hiatus, Aims for 100 Billion Rupees

• State Bank of India (SBI), India's largest lender, plans to issue infrastructure bonds in March after a 16-month gap.
• The bank aims to raise up to 100 billion rupees ($1.09 billion) through 7-year or 10-year bonds.
• Infrastructure bonds are crucial for financing long-term development projects.
• SBI last issued such bonds in November 2024, raising 100 billion rupees via 15-year notes.
• Other state-run lenders may also seek to raise funds through these bonds this month.