SBI board approves $2-billion fundraise via bonds for FY23
时间:2024-06-26 07:12:25 阅读（143）
The board of State Bank of India (SBI) on Tuesday approved the bank’s proposal to raise up to $2 billion through debt securities in the international market in FY23.
The approval applies to long-term fundraising in a single or multiple tranches under Reg-S/144A, through a public offer or private placement of senior unsecured notes in US dollar or any other convertible currency.
SBI’s capital adequacy ratio (CAR) as at the end of Q3FY22 stood at 13.23%, with the tier-1 ratio at 10.91%. The bank’s shares ended at Rs 475.10 on the BSE on Tuesday, down 0.13% from their previous close.
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If a SEZ unit has second hand/used/old condition equipment and is being used for less than two years, they can not be shifted to DTA.
“Import of any used IT assets which do not fulfil” these criteria “shall be subject to licence for restricted import,” it said adding these relaxations will be applicable on the condition that no exemption has been availed from any regulatory requirements, that is Compulsory Registration Order (CRO), Restriction of Hazardous Substances (RoHS), and WPC (wireless planning and coordination) import licence,” the notification said.
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