India’s SBI to consider $3 billion fundraise during fiscal 2026

(Reuters) -India’s top lender State Bank of India will consider raising $3 billion through a public offer or private placement of foreign currency bonds during financial year 2026, it said on Wednesday.

SBI will have a board meeting on May 20 to deliberate on the fundraise.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Krishna Chandra Eluri)

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