Tag Archives: perpetual bonds

AT-1 bonds: SBI, HDFC Bank to raise up to Rs 10,000 cr via AT-1 bonds – Blue Barrows

Mumbai: Bellwether lenders HDFC Bank and (SBI) plan to collectively raise up to ₹10,000 crore through sales of perpetual bonds this week, people familiar with the matter told ET, pointing to booming credit demand in a rebounding economy that’s now the world’s fifth largest. Perpetual, or Additional Tier 1 (AT-1), bonds are quasi-equity instruments that […]