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SBIN · State Bank of India · BSE · Filed 18 Jun · 1 min read

SBI Board Clears ₹60,000 Crore Debt Fundraising Plan for FY27

State Bank of India's Central Board approved raising up to ₹60,000 crore through debt instruments including Long Term Bonds and Basel III compliant Additional Tier 1 and Tier 2 Bonds during FY27.

What was filed

State Bank of India informed the BSE and NSE that its Central Board, at a meeting held on 18 June 2026, approved a plan to raise funds during FY27. The approval was given under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Per the filing, the board meeting commenced at 10.00 am and the relevant agenda concluded at 1.15 pm.

The key facts

The bank said the board accorded approval for raising funds in INR and/or any other convertible currency by issue of debt instruments. These include, but are not limited to, Long Term Bonds, Basel III compliant Additional Tier 1 Bonds and Basel III compliant Tier 2 Bonds. The aggregate amount is up to ₹60,000 crore. Per the filing, the funds may be raised through public offer or private placement mode, from Indian and/or Overseas investors, and remain subject to Government of India approval wherever required.

Total fundraising approved
₹60,000 Crore
Period
FY27

The approval establishes a ceiling for SBI's debt issuance during FY27 and signals the instruments the bank may use, including capital-qualifying Basel III bonds; the actual quantum, timing and mode of any issuance remain to be determined and are subject to GOI approval where required.

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