State Bank Of India has informed the Exchange regarding 'Updates'.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
State Bank of India has issued a correction to a previous disclosure dated 20 March 2026 regarding the allotment of Basel III compliant Tier 2 Bonds. The original filing incorrectly stated the number of bonds as 1,00,00,000; the corrected figure is 6,051 bonds. Each bond has a face value of ₹1 crore, carrying a coupon rate of 7.05%, making the total issuance worth approximately ₹6,051 crore. The bonds are non-convertible, taxable, redeemable, unsecured, and fully paid-up. This is purely a clerical correction to the quantity figure, not a new bond issue.
This is a typographical correction and does not change the economic substance of the bond issuance. No material impact on shareholders or stock price is expected; it simply clarifies that SBI raised around ₹6,051 crore (not ₹10 lakh crore as the prior number would suggest) through Tier 2 bonds.