SBI announces INR 6,000 crore bond call: what it means for SBI stock

Published on 10/12/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 net profit reached INR 241.13 billion, up 13.70 percent year over year. SBI stock has INR 8.7 trillion in market value.

Key points in brief

State Bank of India announced a INR 6,000 crore Additional Tier 1 bond call scheduled for October 17, 2026.
The bank reported Q1 FY27 net profit of INR 241.13 billion, up 13.70 percent year over year.
SBI stock was trading at INR 941.65 on NSE on October 12, 2026, 23.73 percent below its 52-week high.
The bank had held a virtual meeting with 32 institutional investors on September 25, 2026.

SBI, INE062A01020, Illustration mit AI erstellt.

State Bank of India (INE062A01020) announced a INR 6,000 crore Additional Tier 1 bond call scheduled for October 17, 2026, according to Alfa Finder. The planned redemption puts capital structure and funding costs alongside the bank's latest operating figures.

Three dated capital events

On September 3, 2026, State Bank of India completed redemption of INR 4,000 crore of Basel III Additional Tier 1 bonds, as reported by Alfa Finder. On September 25, 2026, the bank held a virtual meeting with 32 institutional participants, according to StockFin. The October 17, 2026 bond call is the latest dated event in this sequence.

What the bond call means

The bond action matters because the bank is managing several layers of capital at once. In the first quarter of fiscal 2027, net profit reached INR 241.13 billion, up 13.70 percent year over year, while revenue from operations rose to INR 1,362.40 billion, up 8.50 percent, according to Alfa Finder. Those figures give the scheduled INR 60.0 billion redemption a measurable earnings backdrop, although the release itself does not state the effect on future margins.

Next dated bank event

The next dated event is October 17, 2026, when State Bank of India is scheduled to exercise the call option on Additional Tier 1 bonds totaling INR 6,000 crore, according to Alfa Finder. The bank also closed its trading window from October 1, 2026, until 48 hours after announcing second-quarter and first-half fiscal 2027 results, according to PSU Connect.

Stock remains below yearly high

State Bank of India was trading at INR 941.65 on NSE at 1:36 p.m. IST on October 12, 2026. The price stood 23.73 percent below the 52-week high of INR 1,234.70 and 7.97 percent above the 52-week low of INR 872.10, while market capitalization stood at INR 8.7 trillion.