SBI board approves raising ₹20,000 crore via bonds; shares rally 2%

SBI to issue up to ₹20,000 crore bonds to domestic investors

SBI plans to raise ₹20,000 crore through bonds for domestic investors in FY26, boosting shares by 1.74%.

SBI sets floor price at Rs 811.05 for its Rs 20,000 crore bonds

New Delhi: State Bank of India (SBI), the country’s largest public sector lender, on Wednesday set the floor price at Rs 811.05 per equity share for its Rs 20,000 crore bonds. The board director of the bank approved the proposal to raise the amount through issuing bonds to domestic investors. The issue’s subscription period began on Wednesday after the bank’s board of directors approved the fundraising during a meeting on Wednesday, the public s…

SBI sets QIP floor price at Rs 811.05 per share

The floor price represents nearly 2.5% discount from the current price of SBI share

SBI to issue up to Rs 20,000 cr bonds to domestic investors in FY26

SBI to issue up to Rs 20,000 cr bonds to domestic investors in FY26

SBI board approves raising ₹20,000 crore via bonds; shares rally 2%

Shares of State Bank of India rose 2% on July 16 after the bank approved raising ₹20,000 crore through bond issuance. This is SBI's first major capital-raising since 2017, aimed at strengthening its capital base amid regulatory requirements.

SBI PPF Latest interest Rate 2025: Big news! SBI gives Bumper interest on Public Provident Fund, know interest and benefits here - Business League

SBI PPF Latest interest Rate 2025: Knowing the benefits of opening SBI PPF Account, if you are also thinking of opening a Public Provident Fund, then SBI Bank gives the Bumper interest, SBI gives a lot of interest to your customers on PPF Account. SBI PPF Latest interest Rate 2025: State Bank of India is one of the oldest banks in India, on which the people of the country trust a lot. Many facilities are launched by SBI from time to time for all…