SBI To Raise Rs 60,000 Cr In FY27 Via Bonds

SBI Plans to Secure Rs 60,000 Crore in FY27 Through Bond Issuance

The board of the State Bank of India has given the green light to a substantial fundraising initiative, aiming to gather up to Rs 60,000 crore this fiscal year. The bank plans to accomplish this through the issuance of long-term bonds, including Basel III-compliant Additional Tier 1 and Tier 2 Bonds.

These funds will be raised via both public offerings and private placements, targeting a mix of domestic and international investors throughout FY27.