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State Bank of IndiaBoard Meeting, 16-07-2025: Outcome of Board Meeting

16-07-2025 | 01:32 pm

State Bank of India's (SBIN) board has approved a significant capital raising plan. The bank aims to raise up to ₹ 20,000 Cr during the financial year 2026. This will be done by issuing Basel III compliant Additional Tier 1 and Tier 2 Bonds to domestic investors. This strategic move is designed to bolster the bank's capital base and support its growth initiatives, subject to necessary government approvals.

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