What amount does SBI plan to raise through AT-1 perpetual bonds?

State Bank of India (SBI) will become the first Indian bank to issue Basel-III compliant AT-1 perpetual bonds in the year 2026, through which it will raise ₹5,000 crore. This initiative is part of a broader strategy to strengthen the bank's capital adequacy, risk management, and financial stability, alongside raising ₹60,000 crore in capital during the 2026-27 financial year.