State Bank of India (SBI) has announced plans to raise up to USD 2 billion through overseas bond sales during the 2026-27 fiscal year as the country’s largest lender looks to strengthen its global funding base.
The proposal was approved by the bank’s top committee and is aimed at helping SBI access international financial markets for additional capital.
According to the bank, the bonds may be issued in US dollars or other major global currencies. The fundraising could happen through public offerings or private placements depending on market conditions.
SBI said the bonds may carry either fixed or floating interest rates linked to market trends.
The bank added that final decisions regarding the structure, timing and terms of the bond issue will be taken after evaluating financial market conditions and securing all required regulatory approvals.
As one of India’s largest banking institutions, SBI regularly explores international markets to raise funds and support its expanding business operations.
The planned fundraising highlights the growing trend of Indian financial institutions tapping overseas markets to diversify funding sources and maintain liquidity for long-term growth.
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