SBINBSEState Bank of IndiaHighNeutral
Announced Thu, 7 May · 20:50 IST

State Bank Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2026 ,inter alia, to consider and approve long term fund raising in single ....

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-10.8%1-day move
₹1092.90
prior close
₹1090.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.2-0.0-0.5-10.8-10.7-11.2-10.1-12.0-13.4-12.7-10.3-6.8
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AI summary

State Bank of India has announced that its Executive Committee of the Central Board will meet on 12th May 2026 to consider raising long-term funds of up to US$ 2 billion. The raising will be done through public offer and/or private placement of fixed or floating rate bonds denominated in US dollars or other major foreign currencies. The bonds will be issued under Reg-S/144A regulations, which govern international bond offerings to qualified investors. The fund-raising is planned for FY 2026-27 and may be done in single or multiple tranches.

Likely market impact

This is a debt-raising exercise and does not involve equity dilution. However, successful issuance will increase SBI's liabilities and debt servicing obligations. The large size signals strong capital market appetite for SBI paper.