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SBI: This elephant is ready to dance, says SBI's Dinesh Kumar Khara


Things are looking up for SBI. It is the only large bank which has raised capital and where the moratorium numbers are surprisingly better than what even private banks have reported. What helped you?
We have not raised any equity. But we raised tier two bonds and tier one bonds as well. But for both the issues, we could create a benchmark and even raise some MTN also where the pricing was much lower than that raised by any Indian corporate in the recent past. That way, we have demonstrated to the world at large that global economies also have got confidence in India. That is one very important part. ....

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