State Bank of India — Others, 06-02-2025: Utilisation of Funds

State Bank of India has raised ₹10,000 crore through Long-Term Bonds and ₹5,000 crore via Basel III-compliant Additional Tier 1 (AT1) Bonds during the reported quarter. The bank asserts that there is no deviation in the utilization of proceeds from these issuances, with the funds earmarked for enhancing capital adequacy and supporting long-term financing, particularly in infrastructure and affordable housing. This funding approach is in line with the bank's strategic objectives to strengthen its capital structure and long-term resources.