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SBI mulls equity capital raise in FY26; board to discuss proposal

SBI's share closed 0.72 per cent lower at Rs 811.75 per share on the BSE. The board is also considering the results for the fourth quarter ended March 2025 and annual results for FY25 on May 3, 2025

SBI, State Bank Of India
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Its gross advances rose by 13.49 per cent year-on-year to Rs 40.67 trillion at the end of December 2024 (Photo: Shutterstock)

Abhijit Lele Mumbai
The country's largest bank, State Bank of India, is planning to raise equity capital in the current financial year to support business growth.
 
The board, at its meeting on May 3, 2025, would discuss and approve the proposal for raising equity during FY26. The capital raising could be through Follow-on Public Offer (FPO), Rights Issue, Qualified Institutional Placement (QIP) or any other mode or combination of these, SBI informed the BSE.
 
SBI's share closed 0.72 per cent lower at Rs 811.75 per share on the BSE. The board is also considering the results for the fourth quarter ended March 2025