000 crore QIP Archives

SBI share price hits 2025 high after Rs 25,000 crore QIP launch; will the rally continue?

Topnewsplus2 months ago03 mins

Shares of State Bank of India (SBI) were trading 0.23 per cent higher at Rs 833.65 on the NSE at 12:14 PM, after the country’s largest lender launched a qualified institutional placement (QIP) to raise up to Rs 25,000 crore—the largest such issue till date. SBI, the largest lender in the country, has launched this…

IDBI Bank disinvestment to be completed by October: Sources

Topnewsplus2 months ago03 mins

Disinvestment in state-run IDBI Bank is set to be completed by October, with the process of financial bids and the lender’s announcements in the same month, sources told Zee Business. Earlier, the government had said that the bank’s deal is expected to be concluded within the current financial year. Public sector banks are expected to…