Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag SBI plans a ₹25,000 crore share placement to boost capital and meet regulatory needs.

flag State Bank of India (SBI) will launch a ₹25,000 crore Qualified Institutional Placement (QIP) today at a floor price of ₹811.05 per share. flag This move aims to strengthen SBI’s capital base to meet regulatory requirements and support business growth. flag Additionally, SBI plans to raise up to ₹20,000 crore through bond issuances in the current fiscal year. flag The bank’s shares rose by over 2% following the announcement.

28 Articles