State Bank of India has submitted its disclosure regarding the utilization of funds raised for the quarter ended September 30, 2026. The bank reported no deviation or variation in the use of proceeds from its debt issuances. This statement confirms that all funds raised were utilized as per the original objectives and terms disclosed to investors.
| Company | State Bank of India (SBI) |
| Disclosure Period | Quarter ended September 30, 2026 |
| Reporting Regulation | SEBI (LODR) Regulations, 2015 |
| Key Finding | No deviation or variation in the utilization of funds raised. |
Statement of Fund Utilization
State Bank of India has filed its mandatory disclosure concerning the use of proceeds from funds raised via debt securities. This report covers the financial quarter concluding on September 30, 2026. The bank has confirmed that there were no deviations from the stated objects or purposes for which the funds were originally raised.
The statement also indicated that the amount of funds utilized aligns with the initially disclosed amounts, meaning there were no variations in the quantum of funds deployed against the planned allocations. This adherence to the original utilization plan provides assurance to stakeholders regarding the effective deployment of capital.
Fundraising Details
According to the annexures, State Bank of India has raised substantial amounts through various domestic bonds, including Tier 2, Additional Tier 1 (AT1), and Long-Term Bonds (LTB). A significant issuance includes ₹4,691 crore raised on July 30, 2026, through private placement of Basel III compliant Additional Tier 1 Bonds. The entire amount was utilized towards augmenting the Bank’s capital adequacy and strengthening its long-term resources, in line with RBI guidelines.
Overall, the total domestic bonds raised by the bank, outstanding as of September 30, 2026, amount to ₹1,64,099.00 crore, with the total funds utilized matching the total amount raised, signifying a consistent utilization pattern across all issuances.
Source: BSE
