State Bank of India (SBI) has announced that its Central Board, in a meeting held on July 16, 2025, has approved a proposal to raise up to ₹20,000 crore during FY26.
In a regulatory filing dated July 16, 2025, SBI stated that the fundraising will be done through the issuance of Basel III-compliant Additional Tier 1 (AT1) and Tier 2 bonds in Indian Rupees, targeted at domestic investors.
In the exchange filings, hte company shared, “We refer to our letter no.: CC/S&B/AND/2025-26/247 dated 10.07.2025 intimating about the meeting of the Central Board of the Bank, pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Central Board of the Bank in its meeting held today i.e. 16.07.2025, inter alia, accorded approval for raising funds in INR by issue of Basel III compliant Additional Tier 1 and Tier 2 Bonds, up to an amount of ₹ 20,000 Crores (Rupees Twenty Thousand Crores only) to domestic investors during FY26, subject to GOI approval wherever required.”
The decision was taken during the Central Board meeting held earlier in the day, which started at 10:00 AM and concluded at 1:25 PM.
In the meantime, SBI stock opened today at ₹816.00, touched an intraday high of ₹834.00, and dipped to a low of ₹815.30 during the session. SBI’s 52-week high stands at ₹899.00, while the 52-week low is ₹680.00.
