SBI chairman announces Rs 25,000 crore QIP as a vote of confidence, supporting credit growth and improving capital levels.

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 ...

SBI raises Rs 25,000 crore via India's largest-ever QIP, surpassing Coal India’s 2015 record. Shares were allotted at Rs 817 ...

SBI chairman C S Setty on Wednesday said the Rs 25,000-crore capital raise through the qualified institutional placement (QIP ...

State Bank of India (SBI) has raised ₹25,000 crore via qualified institutions placement (QIP) of equity shares at an issue ...

Life Insurance Corporation (LIC) has increased its stake in State Bank of India (SBI) to 9.49 per cent by investing Rs 5,000 ...

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.

State Bank of India (SBI), the country's largest lender by assets, on Wednesday announced the launch of a share sale to institutional investors.

SBI's issue was opened for Qualified Institutional Buyers on July 16 and closed on July 21 and received a 100 per cent ...

SBI said that its Rs 25,000-crore qualified institutional placement was subscribed 4.5 times with two-thirds bids (64.3%) ...

SBI raises ₹25,000 crore via India’s biggest QIP, oversubscribed 4.5 times. LIC, foreign investors show strong interest.