State Bank of India raises Rs 25,000 crore via India's largest-ever QIP; LIC invests Rs 5,000 crore. SBI strengthens CET-1 ...

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

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 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.

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

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

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

The meeting also approved the allocation of 30,59,97,552 equity shares at an issue price of Rs 817 per share of a face value of Re 1 each, including a premium of Rs 816 apiece, it said ...

IREDA aims to raise Rs 2,500-3,000 crore via a qualified institutional placement after a successful December IPO, diluting ...

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.

IREDA also said it had an exposure of Rs 700 crore to the crisis-hit Gensol Engineering and it has already recovered a little ...

State-owned IREDA plans to raise Rs 2,500-3,000 crore through qualified institutional placement route this fiscal as it looks ...