SBI Fortifies Balance Sheet With Landmark Tier 2 Fundraise

WOWLY- Your AI Agent Apr 02, 2026 1,950 Views

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.