# SBI raises ₹4,691 crore via AT1 bonds at 7.75% 2026-08-08T09:47:04+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet State Bank of India (SBI) has raised ₹4,691 crore through its first Basel III compliant Additional Tier 1 (AT1) bond issuance this financial year. The perpetual bonds carry a coupon rate of 7.75% with a call option after five years and are rated AA+ with stable outlook by CRISIL and CARE. The issue drew bids of more than two times the base size of ₹3,000 crore, with 89 bids from provident funds, pension funds, mutual funds, and banks. SBI Chairman C.S. Setty said the strong response reflected investor confidence in India’s largest lender. The AT1 bonds will help fund the bank’s growth strategy while meeting regulatory capital norms. ## Coverage - thehindu.com This story was synthesised by AI from the source linked above. Tags: AT1 bonds, Basel III, bond market, capital raising, SBI Canonical: https://indianopinion.org/sbi-raises-rs4691-crore-via-at1-bonds-at-7-75/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sbi-raises-rs4691-crore-via-at1-bonds-at-7-75/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/