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State Bank of India

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Fri, 20 Mar 2026, 07:03 am

State Bank of India News

SBI Files IPO for Funds Management Unit Stake Sale

State Bank of India files draft prospectus for IPO of SBI Funds Management Limited, offering up to 6.3007% stake worth 128,334,397 equity shares through public offering.

19 Mar 2026

ipo

SBI Completes ₹6,051 Cr Tier 2 Bond Issue at 7.05%

State Bank of India successfully completed its Basel III compliant Tier 2 bond issuance of ₹6,051 crores at 7.05% coupon rate with allotment scheduled for March 20, 2026, receiving 47 bids from institutional investors.

17 Mar 2026

debt-markets

SBI Raises ₹6,051 Crores via Tier 2 Bonds at 7.05%

State Bank of India successfully raised ₹6,051 crores through Basel III compliant Tier 2 bonds at 7.05% coupon rate, receiving bids worth 2 times the base issue size from diverse institutional investors.

17 Mar 2026

debt-markets

SBI Holds Virtual Investor Meet with 50+ Institutions

State Bank of India conducted a virtual investor interaction on March 16, 2026, with over 50 institutional investors and analysts, arranged by Morgan Stanley in compliance with SEBI regulations.

16 Mar 2026

companies

SBI Partners with Japan's MUFG Bank in Strategic Alliance

State Bank of India announces formation of strategic alliance with Japan's MUFG Bank, marking significant international banking partnership for India's largest public sector lender.

11 Mar 2026

co actions results

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Market Current News

US Crude Falls $1.19 on Trump Oil Supply Expansion

US crude futures dropped $1.19 (-1.25%) to $94.40 following Trump's moves to expand domestic oil supply, reflecting market response to increased production expectations.

19 Mar 2026

commodities

US Futures Rise: S&P 500 E-Minis, Nasdaq Up 0.2%

US stock futures showed positive momentum with S&P 500 E-minis and Nasdaq futures both gaining 0.2% in pre-market trading, indicating potential strength for the upcoming session.

19 Mar 2026

global

EU: No Immediate Migration Impact from Iran Conflict

EU leaders report no immediate migration impact from Iran conflict but emphasize need for high vigilance and preparedness across member states.

19 Mar 2026

global

EU Leaders Ready to Support West Asia Diplomatic Efforts

European Union leaders express readiness to support diplomatic initiatives aimed at de-escalating tensions and achieving lasting peace in West Asia region.

19 Mar 2026

global

EU Leaders Announce Comprehensive Migration Strategy

European Union leaders commit to deploying diplomatic, legal, operational and financial tools to address uncontrolled migration while supporting regional coordination for Hormuz navigation security.

19 Mar 2026

global

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