Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
SBI Lines Up Mega Fundraising Worth ₹45,000 Cr in FY26
Mint Kolkata
|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 Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
Indian IT slashes spending on lobbying in the US
Indian IT slashes spending on lobbying in the US had incurred lobbying costs of $90,000 in 2022 as against $210,000 in 2020. It has not employed any lobbying services since 2022.
1 mins
November 29, 2025
Mint Kolkata
Apple’s 5th India store to open in Noida soon
Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.
1 min
November 29, 2025
Mint Kolkata
Inside Bengaluru's quiet recycling revolution
Stories from the alleys and gullies of India
4 mins
November 29, 2025
Mint Kolkata
The beauty and sadness of living in the hills
In ‘Called by the Hills’, her first book-length non-fiction work, Anuradha Roy pays a literary and painterly tribute to her home in the Himalayas
5 mins
November 29, 2025
Mint Kolkata
Fiscal deficit widens on higher capex, lower tax
India’s fiscal deficit for the April-October period rose on higher capital expenditure and lower net tax revenue.
1 min
November 29, 2025
Mint Kolkata
Inside Bengaluru’s quiet recycling revolution
Stories from the alleys and gullies of India
5 mins
November 29, 2025
Mint Kolkata
'The Family Man' S3: Agent down
The new season of the popular spy thriller series starring Manoj Bajpayee feels like a hedged bet
4 mins
November 29, 2025
Mint Kolkata
Fiscal deficit up on capex, lower tax
during the period, or 55.1% of the annual estimate for FY26, compared to %4.67 trillion or 42% ofthe annual estimate during the year-ago period.
1 min
November 29, 2025
Mint Kolkata
Equity treatment for Reits from 1 Jan
From 1 January 2026, any money put into Reits (real estate investment funds) by mutual funds and specialized investment funds (SIFs) will be treated as equity-linked investments.
1 min
November 29, 2025
Mint Kolkata
Former DBS CEO is Temasek India’s new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.
1 mins
November 29, 2025
Listen
Translate
Change font size