State Bank of India (SBI) plans to raise around 500 million dollar (around 2,500 crore) from issue od MTN (Medium Term Notes) in November. Mr. Hemant Contractor which is the managing director and group executive (international banking group), SBI said that SBI make a call in the next month and they will raise the money in US dollar because most of the assets are in US. SBI is the most famous and the biggest bank of India.
