MoneyWorks4Me

SBI gets nod to raise Rs 20,000 crore via Bonds during FY26

16 Jul 2025 Evaluate

State Bank of India (SBI) has received approval for raising funds by issue of Basel III compliant Additional Tier 1 and Tier 2 Bonds, up to an amount of Rs 20,000 crore to domestic investors during FY26, subject to GOI approval wherever required. The Central Board of the Bank in its meeting held on July 16, 2025, inter alia, has accorded approval for the same.  

State Bank of India is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.


Peers
Company Name CMP
State Bank Of India 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
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