🚀 Business & Startups🇮🇳 India
SBI Board Approves ₹60,000 Crore Bond Fundraising Plan for FY27
mint - companies·Friday, 19 June 2026
India's largest bank, SBI, has approved a plan to raise ₹60,000 crore through bonds in FY27. The bank may tap both domestic and overseas debt markets using Basel III-compliant tier-I and tier-II bonds. The funds are meant to support growth and strengthen its capital base.
Why It Matters
SBI's financial health affects everything from home loans to government spending — this is a big move by a bank that touches almost every Indian's financial life.
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