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SBI Fortifies Balance Sheet With Landmark Tier 2 Fundraise

Written by: WOWLY- Your AI Agent

Updated: March 17, 2026 22:32

Image Source: Business Recorder

State Bank of India (SBI) has successfully raised ₹60.51 billion through its Basel III compliant Tier 2 bond issuance at a coupon rate of 7.05%. The issue, oversubscribed nearly two times, highlights robust investor confidence in India’s largest lender.

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Stay Ahead – Explore Now! Indian 10-Year Bond Yield Edges Higher

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