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

The New Indian Express Bhubaneswar

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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

MEER VERHALEN VAN The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

HCs rapped over pendency of 8L execution pleas

THE Supreme Court has recently directed the High Courts to work out an effective mechanism for prompt disposal of over 8 lakh execution petitions pending in various lower courts across the country.

time to read

2 mins

October 19, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

The Climate Plot Thickens

From stories about cloud monsters to reimagined fairytales, environmental literature is emerging as a growing trend in children's publishing

time to read

3 mins

October 19, 2025

The New Indian Express Bhubaneswar

A River Runs through Their Lives

Johal traces a century-long saga of memory and loss that flows from colonial Punjab to the global diaspora

time to read

3 mins

October 19, 2025

The New Indian Express Bhubaneswar

Alimony can’t be granted to financially independent spouse, says Delhi HC

Family court dissolved marriage, refused alimony

time to read

1 mins

October 19, 2025

The New Indian Express Bhubaneswar

Maha prices up, foreign liquor sales down this yr

AFTER Maharashtra revised its foreign liquor prices in June, sales have drastically reduced, impacting the revenue generated from excise duty.

time to read

1 mins

October 19, 2025

The New Indian Express Bhubaneswar

Dy CM Sanghvi takes charge of home, Jadeja edu ministry

LESS than 24 hours after the oath-taking, Bhupendra Patel's 3.0 cabinet on Saturday began work with symbolic rituals and strategic portfolio allocations.

time to read

1 mins

October 19, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Espresso, Art, and Timeless Streets

In this Italian city, baroque beauty and avant-garde spirit blend into something irresistibly real

time to read

3 mins

October 19, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Amid mass surrenders, another Naxal leader asks cadres to lay down arms

THE recent mass surrenders of Maoists at Gadchiroli (Maharashtra) and Jagdalpur (Chhattisgarh) has led a senior leader of Udanti Area Committee, active along the Chhattisgarh-Odisha border, to appeal cadres active in the region to lay down their arms.

time to read

1 mins

October 19, 2025

The New Indian Express Bhubaneswar

The Gift Shift

The traditional Diwali hamper has shed its cellophane wrapping for designer ribbons, trading in kaju katli for caviar and candles for couture

time to read

1 mins

October 19, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

‘Trouble is Where the Juicy is’

Julia Roberts speaks with Hilary Morgan about her latest film, After the Hunt, and why it's important to have open conversations about controversial subjects

time to read

3 mins

October 19, 2025

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