State Bank of India board clears record Rs 60,000 cr fundraise in FY27

18 Mwezi wa sita, 2026

Imeripotiwa na AI

State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal year through rupee and dollar bonds. The move is intended to strengthen the bank's capital position and support business growth.

Funds will be raised via various debt instruments from Indian and overseas investors.

The approval covers Tier 2 bonds and other instruments. It marks a record amount for the bank in the current fiscal year.

The decision aligns with plans to maintain a strong capital adequacy ratio while expanding operations.

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Foreign investors add 10,000 crore rupees to Indian bonds

Foreign portfolio investors have injected nearly ₹10,000 crore into Indian bonds over four trading sessions. The inflows reversed recent outflows from the debt market.

Listed banks post record profit of ₹4 lakh crore in FY26

29 Mwezi wa tano, 2026 Imeripotiwa na AI

Indian banks achieved a record consolidated net profit exceeding ₹4 lakh crore in FY26. Top lenders including State Bank of India, HDFC Bank, and ICICI Bank contributed more than half of the total.

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RBI imposes $100 million daily cap on banks' rupee open positions amid Iran war pressures

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Banking liquidity falls to fiscal-year low in India

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Traders turn bullish on banks after RBI measures

Traders have shifted to bullish positions on Indian banks following measures by the Reserve Bank of India to allow foreign currency borrowing. Bank Nifty rose 4.25 percent last week, outperforming the broader Nifty index.

India's benchmark bond yield hits 6.94% amid inflation fears

27 Mwezi wa tatu, 2026 Imeripotiwa na AI

India's 10-year benchmark bond yield rose 7 basis points to 6.94% on Friday, signaling concerns over inflation and potential monetary tightening. High Brent crude prices above $100 per barrel, driven by the West Asia conflict, have intensified fears, compounded by the rupee falling below 94 to the dollar.

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