State Bank of India has revised the interest payment date for a specific bond series to September 27, 2026, following a directive from the Ministry of Finance that declared the upcoming Sunday as a bank working day.

The revision affects the bond series previously scheduled for payment on September 28, 2026. The original date was set because September 26 and 27 were initially considered holidays, falling on the fourth Saturday and Sunday respectively. The Ministry of Finance advised all Public Sector Banks and Regional Rural Banks to function normally on Sunday, September 27, 2026, via a press release dated September 23, 2026.

Regulatory basis for the revision

The bank cited Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for this disclosure. The decision aligns with the Working Day Convention set out in the Term Sheet of the Placement Memorandum for the bond series. This convention mandates that if a coupon payment date falls on a non-working day, the issuer must make the payment on the immediately succeeding working day.

Since September 27 is now designated as a working day, it becomes the immediate succeeding working day relative to the original holiday schedule. Consequently, the interest payment will be made on this date rather than the originally communicated September 28.

Impact on bondholders

Bondholders holding this specific series should note the earlier settlement date. The bank confirmed that all branches and offices will remain operational on the revised payment date. This administrative adjustment ensures compliance with the updated banking calendar while adhering to the contractual terms of the bond issuance.

State Bank of India shares worth ₹720.15 crore were flagged by a real-time trade-scanning system after approximately 7,321,574 shares changed hands on the NSE at a price of ₹983.60.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Trade details

The following table summarises the key parameters of the flagged activity:

The signal reflects a cluster of trades in State Bank of India shares printed within a short window at or near ₹983.60, flagged for size and speed by the scanning system. No buyer, seller, broker, or client identity is available from this signal — such information is disclosed by the exchange only after market close, if the activity qualifies as a reportable event.

What this signal is, and is not

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.