SBI to Issue Rs 20,000 Cr Bonds in FY26
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State Bank of India (SBI) plans to raise up to Rs 20,000 crore through bond issuance to domestic investors in fiscal year 2026.
Photograph: Sudipta Banerjee/ANI Photo
New Delhi, Jul 16 (PTI) State Bank of India (SBI) on Wednesday said it will raise up to Rs 20,000 crore via issue of bonds to domestic investors in current fiscal year.
In a regulatory filing, SBI said its board has "accorded approval for raising funds in INR by issue of Basel III compliant Additional Tier 1 and Tier 2 Bonds, up to an amount of Rs 20,000 crore to domestic investors during FY26, subject to GOI approval wherever required".
Shares of SBI were trading at Rs 831, up 1.74 per cent over previous close on the BSE.
In a regulatory filing, SBI said its board has "accorded approval for raising funds in INR by issue of Basel III compliant Additional Tier 1 and Tier 2 Bonds, up to an amount of Rs 20,000 crore to domestic investors during FY26, subject to GOI approval wherever required".
Shares of SBI were trading at Rs 831, up 1.74 per cent over previous close on the BSE.
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