SBI to raise Rs 60,000 cr in FY27 via bonds

State Bank of India's board has approved raising up to Rs 60,000 crore during FY27 through long-term bonds, Basel III-compliant Additional Tier 1, and Tier 2 bonds. The funds will be mobilised via public offer or private placement from Indian and overseas investors. The capital raise is aimed at meeting regulatory capital requirements under Basel III norms.