Nearly 80% of the incremental loan demand is coming from the private sector.
According to persons involved in the acquisition of stressed loans, SBI circulate the list to ARCs seeking preliminary interest in July.
Reportedly, the bank is planning to issue 15-year infrastructure bonds.
Bank said that its Net Interest Income was Rs 2,340 crore in the quarter ending June 2023.
Insurance companies own 8.71% of the bank, while mutual funds possess a total of 19.16%. 12.81% are held by retail investors.
The bank's net interest income (NII) climbed 21.1% year-on-year to Rs 23,599.1 crore.
Bandhan Bank's net NPA was at 2.18%, up from 1.92% in the same period last year.
Net interest income of the bank grew by 20% to Rs 1,919 crore in Q1FY24.
The bond sale on Thursday is the first AT-1 issuance by an Indian bank since the Credit Suisse crisis.
Amara was appointed to SBI Cards in January 2021.
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