Mumbai: The State Bank of India (SBI) has approved a major fundraising plan to raise up to $2 billion through global bond issuance in the financial year 2026–27, aiming to strengthen its capital base and support future business growth.
The decision was taken by the Executive Committee of the Central Board during its meeting held on May 12, 2026.
Fundraising to Be Done via Global Bond Markets
Under the approved plan, SBI will raise funds through:
- Public offerings and/or private placements
- Fixed or floating rate bonds
- US dollar or other major foreign currency instruments
The issuance may be carried out in one or multiple tranches depending on market conditions.
Reg-S and 144A Framework to Attract Global Investors
The bond issuance will be executed under the Reg-S/144A framework, which allows the bank to:
- Access international investors
- Tap both US and global debt markets
- Enhance funding flexibility
This structure is widely used by major global financial institutions to raise capital efficiently.
Strengthening Capital Base and Lending Capacity
The fundraising plan is part of SBI’s broader strategy to:
- Diversify funding sources
- Maintain a strong and stable balance sheet
- Support growing credit demand across sectors
- Enable future expansion and lending growth
The move is expected to improve financial resilience and long-term capital planning.
Disclosure Under SEBI Regulations
The bank confirmed that the decision has been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The announcement was filed with both major stock exchanges:
- BSE Limited
- National Stock Exchange (NSE)
About SBI
State Bank of India is one of India’s largest public sector banks and frequently accesses international debt markets to meet its funding needs and strengthen its capital position. The bank’s global fundraising initiatives play a key role in supporting its large-scale lending operations and financial stability.
