India, June 16 -- State Bank of India (SBI) on Monday said its board will meet on June 18 to discuss fundraising during the current fiscal. "A meeting of the Central Board of State Bank of India is scheduled to be held on 18th June, 2026 to consider approval for raising funds during FY27 through public offer or private placement mode by way of issuance of debt instruments (including capital instruments) to overseas and/or Indian investors in INR and/or any foreign currency," SBI said in a regulatory filing. Shares of SBI closed at Rs 1,020.45, up 0.35 per cent over the previous close on BSE.

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