SBI board approves up to ₹60,000cr bond raise for FY27

Business Jun 18, 2026

SBI just got board approval to raise up to ₹60,000 crore during FY27 by selling bonds, including long-term, AT1, and Tier 2 types.
The money will come from Indian and/or overseas investors through public or private deals.

SBI shares jump 1.39% to ₹1,040.25

This move helps SBI strengthen its finances in line with Basel III rules, and it can raise funds in rupees or other currencies.
After the news broke on Thursday, SBI's stock jumped 1.39%, landing at ₹1,040.25 on the BSE.