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Business

SBI to issue up to ₹20,000 crore bonds to domestic investors in FY26

Raavov16 hours ago01 mins

State Bank of India (SBI) on Wednesday said it will raise up to ₹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 ₹20,000 crore to domestic investors during FY26, subject to GOI approval wherever required”.

Shares of SBI were trading at ₹831, up 1.74 per cent over previous close on the BSE.

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