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SBI approves plan to raise up to $2 billion in FY27
short by / on Tuesday, 12 May, 2026
State Bank of India informed exchanges that its Executive Committee approved examination of long-term fund raising of up to USD 2 billion during FY27 through bonds in single or multiple tranches. FIIs increased stake in SBI to 11.41% in March 2026 from 10.34% in the previous quarter.