SBI Approves ₹25,000 Crore Fundraising Plan via Tier-1 and Tier-2 Bonds.

Banking & Finance

State Bank of India (SBI) has approved a plan to raise ₹25,000 crore through the issuance of Tier-1 and Tier-2 bonds. The fundraising will help strengthen the bank's capital base and support its expansion plans. Tier-1 bonds are perpetual in nature, providing long-term capital, while Tier-2 bonds are subordinated and have a fixed maturity date. This move is part of SBI's ongoing efforts to maintain a strong capital adequacy ratio and meet regulatory requirements. The bank's board gave the green light to this proposal, which is expected to be executed in phases over the coming months.


      SBI's fundraising will enhance its ability to absorb potential financial shocks and support future growth initiatives.

      The bond issuance aligns with SBI's strategy to strengthen its balance sheet amid evolving regulatory challenges.

     

 

     


About SBI,

CEO: Dinesh Kumar Khara
Headquarters: New Delhi
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