Mumbai, July 17 -- The State Bank of India is on a mega fundraising drive in FY26, with plans to tap both the debt and equity markets for up to Rs.45,000 crore to beef up its capital ratios. The state-owned lender's board on Wednesday approved raising up to Rs.20,000 crore through Basel III-compliant additional tier-I (AT1) and tier-II bonds. The board approval for the bond issues comes even as the qualified institutional placement (QIP) of the bank's shares opened for subscription. State Bank of India (SBI) has set the floor price for the QIP at Rs.811.05 per equity share. The board approval for bonds is part of the annual capital planning, which includes QIPs of up to Rs.25,000 crore. AT1 bonds, also known as perpetual bonds, do not have ...