Shares of State Bank of India (SBI) surged 2 percent during intraday trading on Tuesday, July 16, following the bank’s approval to raise ₹20,000 crore through bond issuance. This marks SBI’s first significant capital-raising initiative since 2017, aimed at reinforcing its capital base amid regulatory requirements.
SBI Share Price: Shares of State Bank of India (SBI) climbed over 2 per cent and traded at Rs 833.55 apiece, at around 2:19 pm. According to the NSE, the total market cap of PSU bank stock is Rs 7,44,000.95 crore.
SBI Bonds Issue
On Wednesday, the SBI said that it will raise up to Rs 20,000 crore via issue of bonds to domestic investors in current fiscal year.
In a regulatory filing, SBI said its board has “…Bank in its meeting held today i.e. 16.07.2025, inter alia, accorded approval for raising funds in INR by issue of Basel III compliant Additional Tier 1 and Tier 2 Bonds, up to an amount of ₹ 20,000 Crores (Rupees Twenty Thousand Crores only) to domestic investors during FY26, subject to GOI approval wherever required.”
SBI Share Price History
State Bank of India (SBI) is a component of the BSE Sensex. According to the BSE analytics (July 16), shares of SBI gave positive returns of 2.76 per cent and 2.46 per cent in the last 1 week and 2 weeks, respectively. In the last 1 month and 3 months, shares of the state-owned bank rose 5.09 per cent and 7.96 per cent, respectively. Shares of the PSB fell 5.41 per cent in the last 1 year. In the past 2 years, 3 years, 5 years, and 10 years, shares of the company gained 42.56 per cent, 73.95 per cent, 347.48 per cent, and 206.61 per cent, respectively.
SBI Dividend History
SBI paid dividend of Rs 15.90 in May, 2025. Similarly, in 2021, 2022, 2023, and 2024, the PSU bank announced dividends of Rs 4, Rs 7.10, Rs 11.30, and Rs 13.70, respectively.
