State Bank of India (SBI), the country’s largest lender, has successfully raised ₹50,000 crore through domestic bonds during FY25. The bonds, which include ₹5,000 crore in Additional Tier 1 (AT1) Bonds, ₹15,000 crore in Tier 2 Bonds, and ₹30,000 crore in Long-Term Bonds, received overwhelming investor demand and were oversubscribed by over two times.
Key Highlights:
- Total Bonds Raised: ₹50,000 crore
- ₹5,000 crore AT1 Bonds (AA+ stable rating)
- ₹15,000 crore Tier 2 Bonds (AAA stable rating)
- ₹30,000 crore Long-Term Bonds (AAA stable rating)
- Investor Interest: The bonds attracted wide participation from provident funds, pension funds, insurance companies, mutual funds, and banks.
- Oversubscription: All bond issues were oversubscribed more than two times.
- Tenor: 15 years for Tier 2 and Long-Term Bonds, while AT1 Bonds are perpetual with a call option after 10 years.
SBI Chairman Shri C.S. Setty stated, “The overwhelming response and diversity of investor participation reflect the trust placed in India’s largest bank.”
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