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SBI lines up mega fundraising worth ₹45k cr in FY26

Hindustan Times Navi Mumbai

|

July 17, 2025

The State Bank of India is ona 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.

- Abirami Sekar

SBI lines up mega fundraising worth ₹45k cr in FY26

The state-owned lender's board on Wednesday approved raising up to ₹20,000 crore through Basel I1l-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.

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