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SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

Name: SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount
Uploaded: Thu, 17 Jul 2025 12:33:55 +0530
Channel: Rediff Video Desk
Description: State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.

Uploaded by: Rediff Video Desk on Thu, 17 Jul 2025 12:33:55 +0530

Views: 35

Tags: SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

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