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State Bank of India (SBI) on Monday said it has raised Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth.
SBI's recent QIP was oversubscribed 4.5 times, raising Rs 25,000 crore and boosting CET1 capital to 11.5%. LIC invested Rs 5,000 crore, increasing its stake in SBI to 9.49% ...
IREDA plans to raise Rs 2,500-3,000 crore through a QIP this fiscal, diluting further government stake. The company also ...
IREDA also said it had an exposure of Rs 700 crore to the crisis-hit Gensol Engineering and it has already recovered a little ...
IREDA aims to raise Rs 2,500-3,000 crore via a qualified institutional placement after a successful December IPO, diluting ...
The company has built strong partnerships with multilateral agencies, issued green bonds, and promoted refinancing structures to ensure the flow of scalable capital into green infrastructure.
State Bank of India (SBI) has raised ₹25,000 crore via qualified institutions placement (QIP) of equity shares at an issue ...
Shares of LIC closed 0.63% higher at Rs 1,155.90 apiece on the NSE, compared to a 0.49% rise in the benchmark Nifty. The ...
State Bank of India (SBI) on Monday said it has raised Rs 25,000 crore through Qualified Institutional Placement (QIP) to ...
The State Bank of India (SBI) raised Rs 25,000 crore through a Qualified Institutional Placement (QIP) to boost business ...
LIC acquires 0.28% stake in SBI for Rs 5,000 crore through QIP, increasing its holding to 9.49%. Details of the investment ...
This fundraise marks a major step in SBI's capital augmentation strategy and is expected to support the bank's growth plans.
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