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Price for bond issue stands in $1- $2 bn range: SBI

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State Bank of India is planning to launch a marketing campaign for its benchmark bond issue next Monday in Hong Kong, Singapore and New York among global financial centers. Speaking to NDTV Profit, Hemant Contractor, MD & Group Executive (International Banking Division), SBI said that the bank may look at $1 - $2 billion issue depending on the market conditions.

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