Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
SBI plans a ₹25,000 crore share placement to boost capital and meet regulatory needs.
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.
This move aims to strengthen SBI’s capital base to meet regulatory requirements and support business growth.
Additionally, SBI plans to raise up to ₹20,000 crore through bond issuances in the current fiscal year.
The bank’s shares rose by over 2% following the announcement.
28 Articles
SBI planea una colocación de acciones de ₹ 25,000 crore para aumentar el capital y satisfacer las necesidades regulatorias.