SBI schedules 71st AGM on June 18, 2026

3 min read     Updated on 15 May 2026, 05:52 AM
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State Bank of India will hold its 71st Annual General Meeting on June 18, 2026, via video conferencing to adopt the financial accounts for the year ended March 31, 2026. The register of shareholders will remain closed from May 17 to May 19, 2026, for dividend payment purposes. Remote e-voting facilities are available from June 14 to June 17, 2026.

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State Bank of India has announced the scheduling of its 71st Annual General Meeting (AGM), set to take place on June 18, 2026. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) at the State Bank Auditorium, State Bank Bhavan, Madame Cama Road, Mumbai. The proceedings are scheduled to commence at 03:00 P.M.

The primary agenda for the AGM involves the discussion and adoption of the Balance Sheet and Profit and Loss Account for the financial year ending March 31, 2026. Shareholders will also consider the report of the Central Board regarding the bank's working and activities, along with the Auditor’s Report on the accounts.

Book Closure Schedule

In conjunction with the AGM, state bank of india has intimated the closure of its register of shareholders. The book closure period is scheduled from May 17, 2026 (Sunday) to May 19, 2026 (Tuesday), inclusive. This closure is intended to determine the record of shareholders entitled to receive dividend payments for the financial year 2025-26.

E-Voting and Participation Details

The bank has facilitated remote e-voting for shareholders unable to attend the meeting physically. The remote e-voting period will begin on June 14, 2026, at 10:00 AM and conclude on June 17, 2026, at 05:00 PM. Shareholders holding shares in either physical or dematerialized form as on the cut-off date are eligible to cast their votes.

Event Date Time
Book Closure Start May 17, 2026 -
Book Closure End May 19, 2026 -
Remote E-Voting Start June 14, 2026 10:00 AM
Remote E-Voting End June 17, 2026 05:00 PM
Annual General Meeting June 18, 2026 03:00 PM

Shareholders can participate in the virtual meeting and cast votes through the NSDL e-Voting system. The facility for e-voting will also be available on the day of the AGM for those members who are present through VC/OAVM and have not cast their votes remotely. The scrutinizer for the e-voting process is M/s Parikh & Associates, Company Secretaries.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.70%-11.79%-9.44%-0.48%+20.29%+167.22%

What dividend per share is SBI likely to announce for FY 2025-26, and how does it compare to previous years given the bank's recent profitability trends?

How might SBI's FY 2025-26 balance sheet reflect the impact of RBI's evolving monetary policy and any stress in the broader Indian banking sector?

Will SBI's AGM address any strategic plans for capital raising, digital transformation, or overseas expansion that could influence its stock performance in the near term?

SBI Executive Committee Approves Long-Term Fund Raising of Up to US$ 2 Billion Through Bonds for FY 2026-27

1 min read     Updated on 13 May 2026, 09:17 AM
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State Bank of India's Executive Committee of the Central Board approved a long-term fund raising programme of up to US$ 2 Billion (US$ Two Billion) for FY 2026-27 in its meeting held on 12th May 2026. The funds may be raised in single or multiple tranches through fixed or floating rate bonds denominated in US Dollar or any other major foreign currency, via public offer and/or private placement under Reg-S/144A. The disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

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State Bank of India 's Executive Committee of the Central Board, in its meeting held on 12th May 2026, approved a significant long-term fund raising programme for the financial year 2026-27. The approval authorises the bank to raise up to US$ 2 Billion (US$ Two Billion) through bonds in international markets, marking a notable capital mobilisation initiative for the current fiscal year.

Fund Raising Programme Details

The approval covers raising funds in single or multiple tranches under Reg-S/144A. The key parameters of the approved programme are outlined below:

Parameter: Details
Total Fund Raising Limit: Up to US$ 2 Billion (US$ Two Billion)
Financial Year: FY 2026-27
Instrument Type: Fixed / Floating Rate Bonds
Currency: US Dollar or any other major foreign currency
Offering Mode: Public offer and/or private placement
Regulatory Framework: Reg-S/144A
Approval Date: 12th May 2026

Regulatory Disclosure

The disclosure was made in continuation of the bank's earlier communication bearing letter no. CC/S&B/AND/2026-27/101 dated 07th May 2026. The announcement was filed with BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. The communication was signed by Shima Devi, AGM (Company Secretary), on 12th May 2026.

The approved programme provides State Bank of India the flexibility to structure the bond issuance across single or multiple tranches, with the option to denominate the instruments in US Dollar or any other major foreign currency, enabling the bank to optimise its international fund raising strategy for FY 2026-27.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.70%-11.79%-9.44%-0.48%+20.29%+167.22%

How might prevailing US interest rates and global credit market conditions influence the pricing and timing of SBI's bond tranches in FY 2026-27?

Could SBI's $2 billion international bond programme signal a broader trend of Indian public sector banks increasing their offshore borrowings to fund domestic credit growth?

What specific sectors or lending priorities is SBI likely to deploy the raised capital toward, and how could this impact its loan book composition?

More News on State Bank of India

1 Year Returns:+20.29%