New Delhi, May 4 (PTI) The country's largest lender SBI on Wednesday said it's board will meet next week to consider raising up to USD 2 billion through a public issue of bonds or other means.

"We advise that the executive committee of the central board is scheduled to have a meeting on May 10, 2022 to examine the status and decide on long term fund raising in single/multiple tranches up to USD 2 billion through a public offer and/or private placement of senior unsecured notes in US dollar or any other convertible currency during FY 23," SBI said in a regulatory filing.

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Stock of SBI closed at Rs 479.60 apiece on the BSE, down by 2.27 per cent from its previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)