SBI board approves fundraising of up to Rs 20,000 crore via bonds

July 16, 2025

State Bank of India’s board has approved raising Rs 20,000 crore through Basel III-compliant bonds, leading to a share price increase of over 2%. While SBI shares have underperformed over the past year, they have shown recent gains, outperforming the Nifty in the last six months.

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