SBI to issue first rupee-denominated perpetual debt of 2026, sources say
BusinessLine 54 min ago·24 Jul 2026, 7:57 am
The State Bank of India (SBI) is planning to issue its first rupee-denominated perpetual debt in 2026. This move is part of the bank's efforts to raise capital.
Perpetual debt is a type of bond that has no maturity date, providing a regular income stream to investors. This development is significant for investors as it indicates the bank's strategy to manage its capital requirements.
Investors should watch for the issue details, such as the coupon rate and the response from the market, to understand the implications of this move on the broader banking sector.
Key takeaways
- Category: Economy.
- Flagged as a high-impact, market-moving story.
Why it matters
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