SBI raises ₹7,500 crore through Basel III tier 2 bonds at 6.93% coupon

The bonds, in the nature of debentures, carry a face value of ₹1 crore each and a coupon rate of 6.93%. The issue opened and closed on October 17, 2025, with the date of allotment on October 20, 2025. Shares of State Bank of India ended at ₹907.00, up by ₹17.85, or 2.01%, on the BSE.

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