SBI to sell 100 billion-rupee infra bonds by end of November

15 Nov 2024 CW Team

State Bank of India (SBI), the country’s largest lender, is set to issue infrastructure bonds worth 100 billion rupees (approximately $1.19 billion) by the end of November. This move comes as demand for credit remains strong in sectors such as steel, roads, and renewable energy.

The bond issuance will be SBI's third this year and is expected to raise funds for long-term infrastructure development projects. According to sources with direct knowledge of the matter, the bank will issue a 15-year bond to meet its financing needs. While SBI's board has already approved the bond issue, it did not provide further details in its announcement.

The infrastructure bonds will help fund various development initiatives and infrastructure projects across India. These bonds are commonly used by banks to raise capital for long-term investments in sectors critical to economic growth.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..