State Bank of India (SBI) Share Price in Focus Amid Successful Bond Issuance

Key Highlights

• ₹6,051 crore raised through the issuance of tier-2 bonds on Tuesday
• ₹1,063 - closing price of SBI shares on Tuesday
• 7.05% - coupon rate of the issued bonds
• 47 bids received from qualified institutional bidders
• 2 times - bids received against the base issue size of ₹5,000 crore

Bond Issuance Details

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State Bank of India (SBI) successfully raised ₹6,051 crore through the issuance of tier-2 bonds on Tuesday. The bonds were issued at a coupon rate of 7.05% and have a tenor of 10 years. The issue attracted an excellent response from investors, with bids of approximately 2 times against the base issue size of ₹5,000 crore.

Q3 Results 2026

SBI reported a record standalone net profit of ₹21,028 crore for the December quarter of FY26, marking a 24% year-on-year (YoY) increase. The bank's standalone net interest income (NII) grew 9.04% year-on-year to ₹45,190 crore. On a consolidated basis, the state-run lender posted a 13.06% rise in profit to ₹21,317 crore during the quarter.

Share Price Trend

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The SBI share price has largely remained positive in the near term despite weak market sentiments. The multibagger banking stock has delivered 44% returns in a year and 198% returns in five years. However, it has shed over 13% in a month and 24.45% in six months.