SBI Shares in focus as Bank mulls for Long-Term Fund Raising Programme for FY 26
State Bank of India has declared that its board members are planning to raise long-term funds of up to US$ 3 billion.
State Bank of India
Mumbai, 20 May 2025: Shares of the largest Public Sector Bank of the Nation, SBI, are in focus as the bank has declared that its board members have approved to decide the long-term fund raising of up to US$ 3 billion.
The State Bank of India has informed 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.
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Shares of SBI were closed at Rs 786.70, down by 1.04%. The stock has been witnessing a sharp decline of -2.33% from consecutive five days. With the market capitalization at Rs 7.01 lakh crore, the company’s revenue stood at Rs 93.87K crore for the March-end quarter with net profit margin for the quarter standing at 20.88%. The dividend yield of the company is at 2.02%.
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