What was filed
State Bank of India gave prior intimation, under Regulations 29 and 50 of the SEBI (LODR) Regulations, that a meeting of its Central Board is scheduled for Thursday, 18 June 2026. The single agenda item disclosed is to seek approval for raising funds during FY27.
Per the filing, the proposed fund-raising would be carried out through public offer or private placement, by way of issuance of debt instruments — including capital instruments — to overseas and/or Indian investors, in INR and/or any foreign currency.
What it does and does not say
This is a prior intimation of a board meeting, not the fund-raising itself. The filing does not state a target amount, a coupon, a tenor, or the specific instruments to be used. It establishes only that the board intends to consider granting the enabling approval for FY27.
The wording leaves the bank wide flexibility — both modes of issuance (public offer or private placement), both investor pools (overseas and/or Indian), and both currency options (INR and/or foreign currency) are kept open at this stage.