State Bank of India

State Bank of India announced that its Executive Committee of the Central Board has approved the allotment of 1,49,200 equity shares of Rs 1 each, previously held in abeyance pertaining to a 2008 Rights Issue, following the disposal of a court case pending before the Hon’ble High Court of Delhi.

State Bank of India announced that Deputy Managing Director & Chief Credit Officer and Chief Sustainability Officer Ashok Kumar Sharma and Chief Financial Officer Kameshwar Rao Kodavanti will be superannuating effective July 31, 2026, while Satyendra Kumar Singh will assume the role of Deputy Managing Director & Chief Credit Officer and Chief Sustainability Officer and Varinder Khanna will become Deputy Managing Director (CCG -II) Commercial Client Group, also effective that date; Sunil Ramgopal Agrawal will take charge as Chief Financial Officer and Key Managerial Personnel from August 1, 2026, as previously intimated in a letter dated July 15, 2026.

State Bank of India (SBIN) announced that it has raised Rs 4,691 crore in Non-convertible, Taxable, Perpetual, Unsecured, Fully Paid-up Basel III compliant Additional Tier 1 Bonds, with a coupon of 7.75%, according to a regulatory filing on Monday, July 30, 2026.

State Bank of India (SBI) has raised Rs 4,691 crore through its first Basel III compliant Additional Tier 1 bond issuance for the current financial year, at a coupon rate of 7.75%, attracting bids exceeding 2 times the base issue size of Rs 3,000 crore, according to a press release.

State Bank of India will hold a meeting of the Board of Directors of the Company on 7 August 2026.

State Bank of India is up for a third straight session today. The stock is quoting at Rs 1042.1, up 1.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.92% on the day, quoting at 24294. The Sensex is at 77994.28, up 1.05%. State Bank of India has slipped around 0.06% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has slipped around 0.31% in last one month and is currently quoting at 57582.25, up 0.97% on the day. The volume in the stock stood at 46.58 lakh shares today, compared to the daily average of 108.12 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 1041.5, up 0.74% on the day. State Bank of India is up 26.57% in last one year as compared to a 2.7% slide in NIFTY and a 3.3% slide in the Nifty Bank index.The PE of the stock is 11.9 based on TTM earnings ending March 26.Powered by Capital Market - Live

State Bank of India announced that CareEdge Global Ratings has assigned a 'CareEdge BBB+/Stable' long-term foreign currency issuer rating to State Bank of India (SBI).

 State Bank of India has concluded the issuance of USD 300 million Senior Unsecured Floating Rate Notes having maturity of 3 Years and coupon of SOFR + 100 bps p.a. payable quarterly in arrears under Regulation-S. The bonds will be issued through the bank's  London branch as of 6 July 2026.

The fundraising may be undertaken through one or more instruments, including long-term bonds, Basel III-compliant Additional Tier 1 (AT1) bonds and Basel III-compliant Tier 2 bonds, via public issuances and/or private placements to domestic and overseas investors. State Bank of India is India's largest public sector lender with operations across retail banking, corporate banking, treasury, international banking and financial services. The bank's net profit stood at Rs 19,684 crore in Q4 FY26, up 5.58% year-on-year but down 6.39% sequentially. Total income stood at Rs 1,40,412 crore, down 2.41% YoY and marginally lower on a sequential basis. Powered by Capital Market - Live

The Central Board of State Bank of India at its meeting held today i.e. 18 June 2026, inter alia, accorded approval for raising funds in INR and /or any other convertible currency by issue of debt instruments including but not limited to Long Term Bonds, Basel III compliant Additional Tier 1 Bonds, Basel III compliant Tier 2 Bonds, upto an amount of Rs 60,000 crore through public offer or private placement mode to Indian and /or Overseas investors during FY27, subject to GOI approval wherever required.