Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
SBI raises ₹25,000 crore via India's largest QIP
short by Dharini Mudgal / on Tuesday, 22 July, 2025
State Bank of India (SBI) said it has raised nearly ₹25,000 crore through qualified institutional placement (QIP) of its equity shares. This is said to be the largest QIP ever in the Indian capital markets, CNBC TV18 reported. SBI approved the issue of 30.59 crore shares at an issue price of ₹817/share on Monday. The QIP was subscribed 4.5 times.
read more at CNBCTV18