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

The New Indian Express Thiruvananthapuram

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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 Thiruvananthapuram

The New Indian Express Thiruvananthapuram

Thriving behind social media ads, surrogacy racket exploits women

THE social media advertisement promised to 'Find your surrogate mother in 7 days!' with the tagline 'Speed and precision to match you with the surrogate.' But, as it turns out, behind the polished online posts and promises lurks a network that preys on poor, illiterate women luring them with offers of quick money to become egg donors and surrogates.

time to read

1 min

October 25, 2025

The New Indian Express Thiruvananthapuram

India-US trade deal to be inked very soon: Govt

Negotiations concluded, both sides working on the language of the bilateral agreement

time to read

1 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

Madrasa probe for demanding 'virginity test' for 13-yr-old in Moradabad

'Threatened to expel her if she refused to comply'

time to read

1 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

Gold rally lifts forex reserves by $4.5 billion

THE record rally in gold prices, which scaled past $4,300/ounce mark in the reporting week, have lifted the overall forex reserves by $4.5 billion to near the record level it had scaled in September when it was near $705 billion.

time to read

1 min

October 25, 2025

The New Indian Express Thiruvananthapuram

Taliban to build dam to limit water to Pak

IN a move that could have far-reaching consequences for Pakistan’s already strained water and energy security, Afghanistan’s Taliban government has said it will build a series of dams on the Kunar River.

time to read

1 min

October 25, 2025

The New Indian Express Thiruvananthapuram

DON'T CRITICISE CITIZENS DEMANDING BETTER INFRA

HE acrimonious exchange between Karnataka’s top political and corporate leaders over Bengaluru’s failing infrastructure has only served to highlight the reality that has become the city’s identity—cratered roads, traffic bottlenecks, and garbage piles.

time to read

1 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

The New Indian Express Thiruvananthapuram

UNFLINCHING LOOK AT A HAUNTING REALITY

EXPRESS VIEWS

time to read

3 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

Piyush Pandey: The adman who spoke to India in its own language

PIYUSH Pandey was the odd man out at a RedInk Awards panel discussion soon after Prime Minister Modi was voted in for the first time in 2014.

time to read

1 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

Capacity overload: Study recommends cap on houseboats in Vembanad lake

THE iconic Vembanad lake — the lifeline of the state’s backwater tourism — is operating far beyond its ecological limits.

time to read

1 min

October 25, 2025

The New Indian Express Thiruvananthapuram

BJP scores surprise win in 1 seat, NC bags 3 in RS polls

THE Opposition BJP on Friday pulled off an unexpected victory in one of the four Rajya Sabha seats from J&K due to cross-voting by at least four legislators, while the ruling National Conference (NC) won the remaining three seats.

time to read

1 min

October 25, 2025

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