SBI board to discuss fundraising plans on June 18 
News Updates

SBI board to discuss fundraising plans on June 18

The State Bank of India (SBI) on Monday said its board will meet on June 18 to discuss fundraising during the current fiscal

PTI

New Delhi: The State Bank of India (SBI) on Monday said its board will meet on June 18 to discuss fundraising during the current fiscal.

Follow The PSUWatch Channel on WhatsApp

"A meeting of the Central Board of State Bank of India is scheduled to be held on 18th June, 2026 to consider approval for raising funds during FY27 through public offer or private placement mode by way of issuance of debt instruments (including capital instruments) to overseas and/or Indian investors in INR and/or any foreign currency," SBI said in a regulatory filing.

Follow PSU Watch on LinkedIN

Also read:Union Bank to raise Rs 8,000 crore through debt, equity mix

Shares of SBI closed at Rs 1,020.45, up 0.35 percent over the previous close on BSE.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated.)

Also Read

SJVN achieves COD of 75 MW Jamui solar project in Bihar: SJVN CMD

Net direct tax kitty grows 23% to Rs 8.11 lakh crore on slower refunds, higher non-corp taxes

Housing and Urban Affairs Ministry utilises 99.78% of budgetary allocation in 2025-26

Govt approves Rs 334.89 crore flyover at Visakhapatnam Port

NBCC Q1 profit rises 17% to Rs 158 crore despite revenue decline