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SBI plans to raise ₹25,000 cr via QIP to boost common equity tier 1 capital

The New Indian Express Bengaluru

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June 28, 2025

STATE BANK OF INDIA (SBI) is looking to raise ₹25,000 crore through a qualified institutional placement (QIP) of shares and has roped in six investment bankers for the biggest QIP deal in India Inc and the first share sale in eight years.

- BENN KOCHUVEEDAN @ Mumbai

The bank is looking to hit the market within next two months to shore up its core capital as the lender expects accelerated loan demand due to falling interest rate regime. The fundraise is aimed at boosting its common equity tier 1 capital, which in the March 2025 quarter was 11%, l

MÁS HISTORIAS DE The New Indian Express Bengaluru

The New Indian Express Bengaluru

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The New Indian Express Bengaluru

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Rahul visits Zubeen's house in Assam, meets kin of Dalit youth lynched in UP

CONGRESS leader Rahul Gandhi on Friday visited two families in grief-music icon Zubeen Garg's family in Guwahati and the family of Dalit youth Hariom Valmiki in Rae Bareli-calling for justice.

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No appointments based on internal quota: HC

IN a major development, the Karnataka High Court has restrained the state government from making appointments to the state civil services based on a notification dated August 25, 2025 introducing internal reservation for Scheduled Castes (SC) and sub-classifying the communities into three different groups.

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October 18, 2025

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Diwali time, rise in sugar intake alarming: Experts

WITH sugar consumption soaring despite a rise in diabetes and pre-diabetes, experts are concerned that the upcoming Diwali could pose serious health risks.

time to read

1 mins

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The New Indian Express Bengaluru

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SC flags digital arrests, says assault on rule of law

VOICING serious concern over digital arrests, the Supreme Court on Friday took suo motu cognisance of such incidents in which fraudsters allegedly impersonate law enforcement agencies and fabricate judicial orders to extort money from people, particularly senior citizens, and sought responses from Centre and the CBI.

time to read

1 mins

October 18, 2025

The New Indian Express Bengaluru

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'Naxalism a sin,' Modi says day not far when India will be freed from Red terror

PRIME Minister Narendra Modi on Friday declared that “the day is not far away when India will be freed from the Red terror,” calling Naxalism a “sin” against the country.

time to read

1 min

October 18, 2025

The New Indian Express Bengaluru

Contractors' association sets Dec 1 deadline to clear dues

THE Karnataka State Contractors' Association set the December 1 deadline to the state government to release pending dues of Rs 33,000 crore. It threatened to stop all ongoing work across the state.

time to read

1 min

October 18, 2025

The New Indian Express Bengaluru

PROTECT ELEPHANTS FOR A HEALTHIER ECOSYSTEM

INDIA'S elephant population has fallen by 17.8 percent since 2017, according to the latest report from the Wildlife Institute of India.

time to read

1 mins

October 18, 2025

The New Indian Express Bengaluru

Rajnath on board of LCA Tejas Mk1A inaugural flight, praises ‘self-reliance’

DEFENCE Minister Rajnath Singh on Friday inaugurated the third Production Line of the indigenous Light Combat Aircraft (LCA) Tejas Mk1A at Hindustan Aeronautics Limited (HAL) in Nashik. The move is aimed at increasing production to fill gaps in IAF combat squadrons left by the retirement of MiG fighters.

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October 18, 2025

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Saurashtra retains grip in Gujarat govt overhaul

A POLL MASTERSTROKE

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October 18, 2025

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