BSECompany Update6d ago · 29 Jul 2026, 01:34 pm
Press Release - Issuance of Additional Tier 1 Bonds by the Bank
State Bank of India · 500112
✦ AI Summary▲ PositiveFundraise
State Bank of India (SBI) raised ₹4,691 crore through its first Basel III compliant Additional Tier 1 bond issuance, attracting a robust response from investors with bids of more than 2 times the base issue size. The bonds have a perpetual tenor with a call option after 5 years and are rated AA+ with a stable outlook from CRISIL Ratings Limited and CARE Ratings Limited.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10
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State Bank of India - 500112 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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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,
25th Floor, Dalal Street, Plot No.: C / 1, ‘G’ Block,
Mumbai – 400001. BKC, Bandra (East), Mumbai – 400051.
BSE SCRIP Code: 500112 NSE SCRIP Code: SBIN
CC/S&B/SD/2026-27/320 29.07.2026
Madam / Sir,
RE: ADDITIONAL TIER 1 BOND RAISING – PRESS RELEASE
ln compliance with the provisions of Regulation 30 and other applicable provisions of SEBI
(LODR) Regulations, 2015, we enclose copy of the press release issued in connection with
raising of Additional Tier 1 Bond by the Bank.
Please take the above disclosure on record.
Shima Devi
AGM (Company Secretary)
Press Release: Bank’s Basel III Compliant Additional Tier 1 Bond Issuance
State Bank of India (SBI), the country’s largest lender, raised ₹4,691 crore today
at a coupon rate of 7.75% through its first Basel III compliant Additional Tier 1
bond issuance for the current financial year. The tenor of these bonds is perpetual
with call option after 5 years and each anniversary date thereafter and are rated
AA+ with stable outlook from CRISIL Ratings Limited and CARE Ratings
Limited.
This issue attracted a robust response from investors with bids of more than 2
times against the base issue size of ₹3,000 crores. The total number of bids
received was 89 indicating participation from diverse set of qualified institutional
bidders. The investors were across provident funds, pension funds, mutual funds,
banks etc.
Shri C S Setty, Chairman said that wider participation and heterogeneity of bids
demonstrated the trust investors place in the country’s largest Bank.
Based on the response, the Bank has decided to accept ₹4,691 crore at a coupon
rate of 7.75% payable annually. This issuance is also significant as the Bank has
been able to diversify and raise long term non-equity regulatory capital.