NSEOutcome of Board Meeting18 Jun 2026 · 18 Jun 2026, 01:24 pm
Outcome of Board Meeting
State Bank of India · SBIN
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State Bank of India has informed the Exchange regarding Outcome of Board Meeting held on Jun 18, 2026, where the Central Board accorded approval for raising funds up to ₹ 60,000 Crore through public offer or private placement mode.
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Full Announcement
State Bank of India has informed the Exchange regarding Outcome of Board Meeting held on Jun 18, 2026
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The Listing Department, The Listing Department,
BSE Limited, National Stock Exchange of India Limited,
Phiroje Jeejeebhoy Towers, Exchange Plaza, 5th Floor, C / 1, ‘G’ Block,
25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400001 Mumbai – 400051
BSE SCRIP Code: 500112 NSE SCRIP Code: SBIN
CC/S&B/AND/2026-27/236 18.06.2026
Madam / Sir,
Outcome of Board Meeting
Fund Raising
We refer to letter No.: CC/S&B/AND/2026-27/231 dated 15.06.2026 intimating about
the meeting of the Central Board of State Bank of India, in terms of Regulation 30
and other applicable provisions of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, the Central Board of the Bank at its meeting held
today i.e. 18.06.2026, 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 ₹ 60,000 Crore (Rupees Sixty Thousand Crore only)
through public offer or private placement mode to Indian and /or Overseas investors
during FY27, subject to GOI approval wherever required.
The Central Board meeting commenced at 10.00 am and the aforesaid agenda was
concluded at 1.15 pm.
Yours faithfully,
(Aruna N Dak)
DGM (Compliance & Company Secretary)