SBI, HDFC Bank to raise up to Rs 10,000 cr via AT-1 bonds | Economic Times

SBI, HDFC Bank to raise up to Rs 10,000 cr via AT-1 bonds https://ift.tt/8ms2PQA, or Additional Tier 1 (AT-1), bonds are quasi-equity instruments that will allow the country's most valued lender and the biggest mass financier to raise their respective capital adequacy ratios by up to 30 basis points, giving them further headroom to advance funds to eager borrowers-both retail and institutional.