SBI fundraising: State Bank of India (SBI) announced on Tuesday, May 20 that its board has approved raising funds of up to $3 billion by way of long-term funds in fiscal 2025-26 (FY26).
we submit that the Executive
Committee of the Central Board in its meeting held on 20th May 2025 has approved,
inter alia, to examine the status and decide on long term fund raising in single /
multiple tranches of up to US$ 3 Billion (US$ Three Billion) under Reg-S/144A,
through a public offer and/or private placement of senior unsecured notes in US Dollar
or any other major foreign currency during FY 2025-26.
