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SBI plans to raise ₹25,000 cr via QIP to boost common equity tier 1 capital
The New Indian Express Coimbatore
|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.
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
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