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SBI Lines Up Mega Fundraising Worth ₹45,000 Cr in FY26
Mint Bangalore
|July 17, 2025
The board's nod for ₹20,000 cr bond issues is part of annual capital planning, which includes ₹25,000 cr QIPs
The State Bank of India is on a mega fundraising drive in FY26, with plans to tap both the debt and equity markets for up to ₹45,000 crore to beef up its capital ratios.
The state-owned lender's board on Wednesday approved raising up to ₹20,000 crore through Basel III-compliant additional tier-I (ATI) and tier-II bonds.
The board approval for the bond issues comes even as the qualified institutional placement (QIP) of the bank's shares opened for subscription.
State Bank of India (SBI) has set the floor price for the QIP at ₹811.05 per equity share.
The board approval for bonds is part of the annual capital planning, which includes QIPs of up to ₹25,000 crore.
This story is from the July 17, 2025 edition of Mint Bangalore.
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