SBI Board to Discuss FY27 Fundraising on June 18

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Jun 15, 2026 18:08

State Bank of India''s board will meet on June 18 to approve fundraising plans for FY27 via debt instruments. Learn about SBI''s financial strategy.

SBI Board to Discuss FY27 Fundraising on June 18

Photograph: Sudipta Banerjee/ANI Photo

New Delhi, Jun 15 (PTI) State Bank of India (SBI) on Monday said its board will meet on June 18 to discuss fundraising during the current fiscal.

"A meeting of the Central Board of State Bank of India is scheduled to be held on 18th June, 2026 to consider approval for raising funds during FY27 through public offer or private placement mode by way of issuance of debt instruments (including capital instruments) to overseas and/or Indian investors in INR and/or any foreign currency," SBI said in a regulatory filing.

Shares of SBI closed at Rs 1,020.45, up 0.35 per cent over the previous close on BSE.

Source: PTI By Rediff Money Desk, New Delhi

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