State Bank of India (SBI) has decided to delay its plan to raise $1.7 billion in funds for the current financial year. The bank made this decision because market yields are currently too high, making it an unfavorable time to raise such a large amount of capital. Given the current market conditions, SBI has put its fundraising plans on hold for now.
State Bank of India Delays $1.7 Billion Fundraising Due to High Market Yields
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