BANK-WISE
SBI
State Bank of India Raises ₹4,691 Crore via Basel III Compliant AT1 Bonds
State Bank of India successfully raised ₹4,691 crore through the issuance of Additional Tier-1 (AT1) bonds to domestic institutional investors.
Offered at an annual coupon rate of 7.75%, this marks SBI's maiden AT1 bond issuance for the financial year 2026-27.
Capital raised through these perpetual debt instruments counts towards strengthening the bank's Tier-1 capital base under Basel III regulatory framework.
The issuance underscores high market confidence in India's largest lender while ensuring capital adequacy standards are maintained.
Offered at an annual coupon rate of 7.75%, this marks SBI's maiden AT1 bond issuance for the financial year 2026-27.
Capital raised through these perpetual debt instruments counts towards strengthening the bank's Tier-1 capital base under Basel III regulatory framework.
The issuance underscores high market confidence in India's largest lender while ensuring capital adequacy standards are maintained.
Key Facts / Static GK
SBI Headquarters: Mumbai, Maharashtra
SBI Founded: 1 July 1955
SBI Chairman: CS Setty
SBI Founded: 1 July 1955
SBI Chairman: CS Setty
Practice Quiz — 30 July 2026
Q1. What is the total combined stake approved by IRDAI for Patanjali Ayurved and DS Group foundations in Magma General Insurance?
Answer: (C) 98.055% — IRDAI approved the acquisition of a 98.055% total stake in Magma General Insurance, comprising 73.56% by Patanjali Ayurved and approximately 24.50% by DS Group-associated foundations.
Q2. What amount was paid by the Life Insurance Corporation of India (LIC) as dividend to the Government of India for Financial Year 2025-26?
Answer: (B) ₹12,207.25 crore — LIC presented a dividend payout of ₹12,207.25 crore to Union Finance Minister Nirmala Sitharaman for the Financial Year 2025-26.
Q3. What is the annual coupon rate offered by State Bank of India on its ₹4,691 crore Additional Tier-1 (AT1) bond issuance for FY 2026-27?
Answer: (C) 7.75% — SBI issued its first AT1 bonds of FY 2026-27 raising ₹4,691 crore at a fixed annual coupon rate of 7.75%.
Q4. Which iconic international landmark recently became the first UAE tourist attraction to accept UPI for online ticketing?
Answer: (C) Burj Khalifa — Burj Khalifa became the first UAE tourist landmark to integrate UPI for online ticket bookings via NIPL, NEOPAY, and Emaar Entertainment.
Q5. Which entity launched India's first employee-controlled 'Flexi Benefits Basket' enabled on UPI?
Answer: (B) OmniCard — OmniCard, operated by Eroute Technologies Private Limited, launched India's first Flexi Benefits Basket on UPI.
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