Summary of Key Information:
Nature of Filing / Announcement: Fund raising approval through debt instruments
Date of Board Meeting / Approval: 18 June 2026
Meeting Time: Commenced at 10:00 AM, concluded at 1:15 PM
Corporate Actions:
The Central Board of State Bank of India approved raising funds up to ₹60,000 Crore (Rupees Sixty Thousand Crore only) during FY27 through the issuance of debt instruments. The fundraising may be conducted in Indian Rupees (INR) and/or any other convertible currency.
Instrument Types:
- Long Term Bonds
- Basel III compliant Additional Tier 1 Bonds
- Basel III compliant Tier 2 Bonds
- Other debt instruments
Execution Methods:
- Public offer
- Private placement
Investor Base:
- Indian investors
- Overseas investors
Approval Requirements:
Subject to Government of India (GOI) approval wherever required
Regulatory Framework:
Disclosure made under Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Compliance Officer:
Aruna N Dak, DGM (Compliance & Company Secretary)
Reference:
Letter No.: CC/S&B/AND/2026-27/236 dated 18.06.2026
Previous intimation Letter No.: CC/S&B/AND/2026-27/231 dated 15.06.2026