SBI to raise $3 billion through senior unsecured notes in FY26

State Bank of India plans to raise funds. The board approved raising up to $3 billion through senior unsecured notes. This will happen during fiscal year 2026. The bank can raise funds in single or multiple tranches. SBI may issue notes in US dollars or other major foreign currencies. Earlier, in 2024, SBI raised $1.2 billion through bond issues.

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