SBI Shareholders Approve Equity Fundraising Plan For 2025-26

Shareholders of State Bank of India have approved raising funds via equity capital in the 2025-26 financial year, the lender informed exchanges on Monday.

They also cleared the bank’s balance sheet, profit and loss account for the year ended March 31, and the central board’s report on its operations and activities.

In May, SBI's board had cleared a proposal to raise up to $3 billion in 2025-26 through senior unsecured notes denominated in US dollars or other major foreign currencies.