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

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 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 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 ...

State Bank of India raised ₹25,000 crore through a qualified institutional placement, marking the largest QIP in Indian ...

Data shows that LIC was issued 20% of the overall QIP shares worth ₹5,000 crore. Other prominent institutions who were issued ...

In May, the board of the country's largest bank, SBI, had approved raising up to USD 3 billion (about Rs 25,000 crore) funds ...

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

LIC is said to be the biggest anchor investor and domestic mutual funds are also seen bidding in SBI's QIP, sources said.

The State Bank of India (SBI) successfully raised Rs 25,000 crore via a Qualified Institutional Placement (QIP), marking the ...