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SBI Likely To Tap Debt Mkt By Aug Via Tier II Issue
Hindustan Times Patna
|June 28, 2025
State Bank of India is likely to kick off a debt fundraising cycle for state-run lenders in this fiscal year over the next couple of months, with a Basel III-compliant tier II bond issue, three sources familiar with the matter told Reuters on Friday.
MUMBAI:
India's largest lender is looking to raise about ₹5,000 crore ($584.59 million) through those bonds, with a 10-year or 15-year maturity in July or August, the sources said.
SBI did not immediately respond to a Reuters request for comment. The sources declined to be named as they are not authorised to speak to the media.
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