• July 16, 2025

SBI to issue up to ₹20,000 crore bonds to domestic investors 

SBI to issue up to ₹20,000 crore bonds to domestic investors 
Share

Shares of the country’s largest bank were trading at ₹831, up 1.74% over the previous close on the Bombay Stock Exchange. File
| Photo Credit: Reuters

Country’s largest bank State Bank of India (SBI), on Wednesday (July 16, 2025), said it will raise up to ₹20,000 crore via the issue of bonds to domestic investors in the current fiscal year.

In a regulatory filing, SBI said its board has “accorded approval for raising funds in INR by the issue of Basel III compliant Additional Tier 1 and Tier 2 Bonds, up to an amount of ₹20,000 crore to domestic investors during FY26, subject to GOI approval wherever required”.

Shares of SBI were trading at ₹831, up 1.74% over the previous close on the Bombay Stock Exchange (BSE).



Source


Share

Related post

Poll inducement seizures cross Rs 865 crore in West Bengal, Tamil Nadu ahead of elections | India News – The Times of India

Poll inducement seizures cross Rs 865 crore in…

Share NEW DELHI: Cumulative seizures of potential poll inducements in West Bengal and Tamil Nadu have surpassed Rs…
‘No money is changing hands’: Trump rejects  billion Iran ‘nuclear dust’ deal claim – The Times of India

‘No money is changing hands’: Trump rejects $20…

Share US President Donald Trump After more than a month of Operation Epic Fury, Donald Trump on Friday…
India supplies 40% of US smartphone imports, replaces China: Report – The Times of India

India supplies 40% of US smartphone imports, replaces…

Share India is rapidly strengthening its position in global electronics trade, now supplying about 40 per cent of…