State Bank of India (SBI) raises Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth. LIC increases SBI shareholding.

This fundraise marks a major step in SBI's capital augmentation strategy and is expected to support the bank's growth plans.

Life Insurance Corporation of India (LIC) has raised its stake in State Bank of India (SBI) by acquiring an additional 0.28% ...

State Bank of India , the country's largest lender by assets, said on Monday it has raised 250 billion rupees ($2.90 billion) ...

LIC acquires 0.28% stake in SBI for Rs 5,000 crore through QIP, increasing its holding to 9.49%. Details of the investment ...

SAB Biotherapeutics Inc (NASDAQ:SABS) saw its stock surge by 33% following the announcement of a $175 million private ...

Elitecon International has delivered a staggering 128% return in just one month, far outperforming the Sensex. As the company ...

The pricing of this Qualified Institutional Placement is expected to be close to the current market price, with a possible ...

The fund raise may be done in one or more tranches through the permitted routes such as a public offer, rights issue, private placement, preferential allotment, Qualified Institutional Placement (QIP) ...

State-run largest renewable energy financier in India, IREDA, looks to bolster equity with a planned ₹3,000 crore equity ...

State Bank of India's Rs 25,000 crore Qualified Institutional Placement (QIP), India's largest-ever, has attracted ...

The pricing of this Qualified Institutional Placement is expected to be close to the current market price, with a possible ...