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SBI’s board clears record Rs 60,000 cr fundraise in FY27

As reported by Stocks-Markets-Economic Times
State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims to bolster the bank's capital position and support business growth. Funds will be raised via various debt instruments from Indian and overseas investors.
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State Bank of India's central board has approved a significant fundraise of up to Rs 60,000 crore for FY27. This capital will be raised through a mix of rupee and dollar bonds from both Indian and overseas investors. The strategic move aims to substantially bolster the bank's…

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