21 Oct 2025 | 5 Mins Read
SBI raises ₹7,500 crore through bonds at 6.93% coupon rate
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SBI raised ₹7,500 crore through the issuance of Tier 2 bonds with a 6.93% coupon rate and a redemption date of October 20, 2035. The issue opened and closed on October 17, 2025, with 7,500 bonds issued. The proceeds will be used to meet capital requirements. The bonds will be listed on the BSE and National Stock Exchange of India. SBI's net profit for the first quarter is ₹19,160 crore.