18th Aug 2006 13:02
State Bank Of India18 August 2006 LETTER TO: BOMBAY STOCK EXCHANGE LTD, MUMBAI LISTING AGREEMENT: CLAUSE 36RAISING OF UNSECURED AND RATED RUPEEINNOVATIVE PERPETUAL DEBT INSTRUMENTS/UPPER TIER II/ LOWER TIER II SUBORDINATED DEBT BONDSNOT EXCEEDING Rs 5000 CRORES In terms of Clause 36 of the Listing Agreement, we advise that the ExecutiveCommittee of the Central Board (ECCB) of SBI has in its meeting held on the 17thAugust 2006, approved the raising of unsecured and rated rupee InnovativePerpetual Debt Instruments/ Upper Tier II/ Lower Tier II Subordinated Debt byway of bonds, not exceeding Rs 5,000 crores during the remaining part ofFinancial Year 2006-07, in tranches, with a minimum maturity period of over 60months as per RBI guidelines, through structured deals or by Private Placementor Book building process. LETTER FROM: STATE BANK OF INDIA This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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