SBI Raises ₹4,691 Crore via Basel III Compliant Additional Tier 1 Bonds at 7.75%
State Bank of India has successfully raised ₹4,691 crore through the issuance of Basel III compliant Additional Tier 1 (AT1) bonds. The offering, which marks the bank's first such issuance for the current financial year, was oversubscribed more than twofold, reflecting strong institutional demand for the lender's debt instruments.
SBI Board Approves $2 Billion Foreign Currency Fund-Raising Plan for FY 2026-27
The Executive Committee of the Central Board of State Bank of India has approved a proposal to raise up to US$ 2 billion in long-term capital during the 2026-27 financial year. This fund-raising initiative, to be executed in single or multiple tranches, is designed to bolster the bank's capital position through international debt markets.