SBI Chairman C S Setty has said that Rs 25,000 crore equity capital raised through the qualified institutional placement route earlier this year would support Rs 12 lakh crore credit growth and maintain a capital adequacy ratio of 15 per cent over 5-6 years. On the debt capital side, he said, the bank would mobilise Rs 12,500 crore through bonds as part of a periodic exercise. "Even before this QIP was raised, our ability to fund credit growth has never been a problem. We wanted to strengthen the capital ratios, so we have done that. Our long-term strategy is to maintain CRAR at 15 per cent and Common Equity Tier 1 at 12 per cent," he told PTI in an interview. This kind of Capital to Risk Asset Ratio (CRAR) gives the bank the ability to fund advances over Rs 12 trillion, he said. "With a profit rate what we have today, if the same profitability is maintained for another 5-6 years, we may not require any capital raising, at least on the CET 1 part," he said. SBI in July this year .
State Bank of India and joint venture partner Amundi will sell 10% stake in SBI Funds Management through an IPO in 2026, expected to raise Rs 11,000-13,000 crore
Entering top 10 global banks by m-cap by 2030 next aim, says Chairman Setty
Aim to have 20 crore mobile banking customers
State Bank of India reported a strong second-quarter performance, driven by gains from the Yes Bank stake sale, and raised its FY26 credit growth guidance to 12-14% amid steady asset quality
To achieve Viksit Bharat goal, India must build more globally-scaled banks with robust financial strength, deep talent pool, and tech sophistication, said experts at Business Standard BFSI Summit 2025
SBI Chairman CS Setty said India needs deeper capital markets, innovation, and financial talent to achieve the Viksit Bharat 2047 vision, speaking at the Stockbrokers' Business Meet
The proceeds of the transaction would boost the bottomline of SBI in the second quarter ending September at a time when interest income and margins are under pressure
FSIB, the headhunter for directors of state-owned banks and financial institutions, has recommended Ravi Ranjan for the position of managing director of State Bank of India (SBI). Ranjan, currently Deputy Managing Director, would replace Managing Director Vinay M Tonse, who would complete his term on November 30, 2025. Financial Services Institutions Bureau (FSIB) interviewed nine candidates on September 11, 2025, for the position of Managing Director (MD) in SBI, the Bureau said in a statement. "Keeping in view their performance in the interface, their overall experience and the extant parameters, the Bureau recommends Ravi Ranjan for the position of MD in SBI," it said. The SBI board is headed by Chairman, assisted by four managing directors. The final decision on FSIB's recommendation would be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi. FSIB is headed by former Secretary, Department of Personnel and Training (DoPT), Bhanu Pratap
SBI Chairman Challa Sreenivasulu Setty says PSBs must combine innovation, resilience and trust to stay competitive as digitalisation, fintech and cybersecurity reshape banking
SBI's ₹25K crore fundraise hides a stark contrast - most companies trail last year's pace
Bank financing of M&As will be like any other business and only needs guardrails
The bank has approval from the board of directors to raise up to Rs.20,000 crore through debt capital in 2025-2026 (FY26)
MUMBAI (Reuters) -State Bank of India plans to raise funds through the issuance of dollar-denominated bonds with a maturity of five years, three merchant bankers said on Tuesday, days after S&P Global Ratings upgraded India's sovereign credit rating for the first time in 18 years in August.
Q1 FY26 company results, August 8: Ceigall India, Akums Drugs, Cholamandalam Financial Holdings, and Lemon Tree Hotels will also release their April-June quarter earnings reports today
SBI could report a largely flattish net profit growth in Q1FY26, where slippages could rise for the agri-sector but loan book may improve, or even outpace, industry growth.
SBI plans to engage a management consultant to develop a long-term HR strategy focusing on employee engagement, talent acquisition, and digital transformation
SBI's recent QIP was oversubscribed 4.5 times, raising Rs 25,000 crore and boosting CET1 capital to 11.5%. LIC invested Rs 5,000 crore, increasing its stake in SBI to 9.49%
SBI has reduced interest rates on short-term deposits under ₹3 crore by 15 basis points across tenors, with total cuts in FY26 so far adding up to 60 basis points
A common factor uniting the three entities is that they all belonged to the services sector