News

 State Bank of India has concluded the issuance of USD 300 million Senior Unsecured Floating Rate Notes having maturity of 3 Years and coupon of SOFR + 100 bps p.a. payable quarterly in arrears under Regulation-S. The bonds will be issued through the bank`s  London branch as of 6 July 2026.

The Central Board of State Bank of India at its meeting held today i.e. 18 June 2026, inter alia, accorded approval for raising funds in INR and /or any other convertible currency by issue of debt instruments including but not limited to Long Term Bonds, Basel III compliant Additional Tier 1 Bonds, Basel III compliant Tier 2 Bonds, upto an amount of Rs 60,000 crore through public offer or private placement mode to Indian and /or Overseas investors during FY27, subject to GOI approval wherever required.

State Bank of India will hold a meeting of the Board of Directors of the Company on 18 June 2026.

State Bank of India announced that the 71th Annual General Meeting(AGM) of the bank will be held on 18 June 2026.

The executive committee of the central board of State Bank of India at its meeting held on 12 May 2026 has approved to examine the status and decide on long term fund raising in single / multiple tranches of up to US$ 2 Billion (US$ Two Billion) under Reg-S/144A, through a public offer and/or private placement of fixed / floating rate bonds in US Dollar or any other major foreign currency during FY 2026-27.