SBI plans $2 billion foreign bond sale amid rate hikes
after close1 source ↓written by the desknot a recommendation
- through foreign currency
- $2 billion
- to discuss
- 12 May 2026
- of the rupee
- 6% depreciation
State Bank of India (SBI) plans to raise up to $2 billion through foreign currency bonds in fiscal year 2027. The Executive Committee will meet on 12 May 2026 to discuss the issuance, which aims to diversify funding amid a 6% depreciation of the rupee against the dollar this year. This move comes as global interest rates remain elevated, potentially impacting costs.
Not investment advice. For informational purposes only.