SBI plans first rupee-denominated perpetual debt issuance
pre-market1 source ↓written by the desknot a recommendation
- in perpetual bonds
- ₹50 billion
- policy decision
- 5 Aug
State Bank of India is set to issue ₹50 billion in perpetual bonds, becoming the first bank to do so in 2026. The issuance is expected to be completed within the next two weeks, ahead of the central bank's monetary policy decision on 5 Aug. This move aims to strengthen SBI's capital base under Basel III regulations.
Not investment advice. For informational purposes only.