In March 2026, SBI raised ₹6,051 crore through Basel III-compliant Tier-2 bonds, following another ₹7,500 crore Tier-2 bond issuance in October 2025. | Photo Credit: RUPAK DE CHOWDHURI

The Central Board of State Bank of India (SBI), at its meeting held on June 18, 2026, approved a major fundraising plan aimed at strengthening the bank’s capital base and supporting future growth.

SBI plans to raise up to ₹60,000 crore during the financial year 2026-27. The funds may be mobilised in Indian rupees or any other convertible currency through the issuance of various debt instruments, long-term bonds, Basel III-compliant Additional Tier 1 bonds, and Tier 2 bonds.

The fundraising will be carried out through public offerings or private placements and will target both domestic and international investors. The move remains subject to approval from the Government of India wherever required.

Capital Planning

SBI has been actively tapping the bond market in recent months as part of its capital planning. In March 2026, the bank raised ₹6,051 crore through Basel III-compliant Tier-2 bonds, following another ₹7,500 crore Tier-2 bond issuance in October 2025.

These issuances saw strong investor demand and reflect the bank’s continued ability to efficiently access capital markets to support balance sheet growth and meet regulatory capital requirements.

In July 2025, the Bank raised ₹25,000 crore of equity capital (at an issue price of ₹817.00 per equity share of face value of ₹1 each, including a premium of ₹816.00 per equity share) through Qualified Institutional Placement, strengthening its Tier-I capital base and enhancing its ability to support future growth.

Published on June 18, 2026