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State Bank of India raised ₹25,000 crore through a qualified institutional placement, marking the largest QIP in Indian ...
SBI Raises Rs 25,000 Crore via QIP to Strengthen Capital, Fuel Growth - SBI raised Rs 25,000 crore through QIP to enhance its CET-1 ratio to 11.50%.
The bank on Monday (July 21) said the shares in the QIP were priced at a premium to floor price of Rs 811.05 per share.
SBI share price has gained 3% over the past month and rallied 9% in the last six months. On a YTD basis, the PSU bank’s stock ...
Life Insurance Corporation (LIC) has increased its stake in State Bank of India (SBI) to 9.49 per cent by investing Rs 5,000 ...
The State Bank of India (SBI) successfully raised Rs 25,000 crore via a Qualified Institutional Placement (QIP), marking the ...
IREDA plans to raise ₹2,500–3,000 crore via Qualified Institutional Placement (QIP) in FY25 to fund renewable energy projects and support India’s clean energy goals.
Data shows that LIC was issued 20% of the overall QIP shares worth ₹5,000 crore. Other prominent institutions who were issued ...
This fundraise marks a major step in SBI's capital augmentation strategy and is expected to support the bank's growth plans.
The State Bank of India (SBI) raised Rs 25,000 crore through a Qualified Institutional Placement (QIP) to boost business ...
SBI raises ₹25,000 crore via India’s biggest QIP, oversubscribed 4.5 times. LIC, foreign investors show strong interest.
State-owned IREDA plans to raise Rs 2,500-3,000 crore through qualified institutional placement route this fiscal as it looks ...