SBI raises Rs 15,000 cr from QIP
India`s largest bank State Bank of India (SBI) has successfully completed raising of Rs 15,000 crore from qualified institutional placement (QIP), a top bank official said on Friday.
Jun 09, 2017, 16:24 PM IST
SBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers
Country's largest lender SBI on Tuesday said it plans to raise funds through follow-on public offer and institutional placement in the current fiscal and has sought applications from merchant bankers for managing the issue.
May 09, 2017, 15:13 PM IST
SBI to raise up to Rs 15,000 crore by March 2017
The fund raised will help the bank to meet global risk norms, Basel III, which will kick in from March 2019.
Jan 16, 2016, 00:00 AM IST
SBI to raise up to Rs 12,000 crore by tier-II bonds
Country's largest lender State Bank of India (SBI) on Monday said it plans to raise up to Rs 12,000 crore by issuing tier-II bonds on private placement basis.
Dec 21, 2015, 20:42 PM IST
SBI's up to $2.4 billion share sale likely in June: Sources
The government has asked the bank to decide on the timing of the FPO during its quarterly results between May 23-25.
Apr 24, 2015, 13:21 PM IST
SBI to raise Rs 15,000 crore through public issue
State Bank of India (SBI) will raise Rs 15,000 crore through a public offer including rights issue to fund business and meet global capital adequacy norms.
Jan 28, 2015, 14:25 PM IST
