State Bank of India (SBIN) — Announcement
· NSE
Neutral
📢 Key Event
SBI issues $300 million floating rate bonds maturing in 3 years
💡 Investor Takeaway
This raises long-term offshore funding at market-linked rates, diversifying the bank's funding base beyond domestic deposits.
State Bank of India announced the issuance of $300 million senior unsecured floating rate notes maturing in 3 years with a SOFR + 100 bps coupon, to be issued through its London branch starting 6 July 2026, marking a strategic funding move under its offshore capital market strategy.
About State Bank of India (SBIN)
Financial Services · Banks · Listed on NSE
Market Cap: ₹8,89,093.09 Cr
P/E: 10.4
Recent Announcements from State Bank of India
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🟡 Board Meeting — 25 June 2026
State Bank of India announced that four directors—Ketan S. Vikamsey, Mrugank M. Paranjape, Rajesh Kumar Dubey, and Dharmendra Singh Shekhawat—will com... -
Announcement — 24 June 2026
State Bank of India held a virtual investor meeting on June 24, 2026, with institutional investors and analysts arranged by CLSA, providing only publi... -
🟡 Board Meeting — 18 June 2026
The State Bank of India board approved raising up to **₹60,000 crores** in debt instruments during FY27 via public or private placement, subject to go... -
🟡 Board Meeting — 12 June 2026
State Bank of India announced the nomination of Shri Sanjay Lohiya as a Director on its Central Board under Section 19(e) of the SBI Act, effective 11... -
🟡 Board Meeting — 11 June 2026
State Bank of India announced the government's immediate nomination of Shri Sanjay Lohiya as a new director on its Central Board of Directors under Se...
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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