Mumbai, Sep 1 (TIWN) Lending major State Bank of India has raised Rs 4,000 crore through the 'Basel compliant Additional Tier 1' (AT1) bonds, on Wednesday at a coupon rate of 7.72 per cent.

This is the first AT1 Bond issuance in the domestic market post the new SEBI regulations. The regulations have come after regulator created a storm putting restrictions on MF investment in such bonds which are most popular among banks to raise funds.