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SBI lines up Re debt sale after break of one year

Financial Express Lucknow

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October 11, 2025

STATE BANK OF India is set to return to the rupee debt market after a year with plans to raise funds through Basel III-compliant tier II bonds this month, three sources familiar with the matter said on Friday.

The bank is in advanced stages of issuing the bondswith a 10-yearduration to raise as much as ₹7,500 (about $845.7 million), the sources said. The lender may invite bids before the end of the month, they added.

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