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saurabh mittal

3rd Aug · SEBI-Registered Analyst

State Bank of India Board clears ₹60,000 crore bond fundraising for FY27

$SBIN SBI’s board has approved a large capital‑raising plan via Basel III‑compliant tier‑I and tier‑II bonds, tapping domestic and overseas debt markets to fund growth and strengthen its capital position. Following a record profit in FY26, SBI transferred ₹8,813 crore as dividend to the government, underlining strong profitability at India’s largest lender.

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