Sbi Qip

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  Rs 15,000 Crore Fund Raising Credit Positive For SBI: Moody's

  Last week, State Bank of India raised Rs 15,000 crore through qualified institutional placement (QIP).

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  SBI Raises Rs 15,000 Crore Through India's Biggest-Ever QIP

  SBI said the QIP book was oversubscribed and demand exceeded Rs 27,000 crore.

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  SBI Launches Up To Rs 15,000 Crore Share Sale To Institutions

  SBI is selling new shares in a price range of Rs 275.76 to Rs 287.25 a share in the biggest ever Qualified Institutional Placement (QIP), according to a deal term sheet.

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  SBI To Raise Funds Via FPO, QIPs; To Appoint Six Merchant Bankers

  "The bank intends to tap capital markets via a QIP/FPO. The issue size may vary based on various factors including but not limited to management discretion and the decision of the shareholders," SBI said in a public notice.

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  SBI, Other State-Run Banks Yet To Raise Rs 22,257 Crore: Government

  Several public sector banks including State Bank of India (SBI) are yet to raise funds totalling over Rs 22,000 crore from markets, for which they were granted permission by the government way back in December 2014.

• SBI raises nearly Rs 7,500 crore via share sale: report

  State Bank of India, the country's biggest lender, on Wednesday raised $1.2 billion, or nearly Rs 7500 crore, through a share sale, less than its target of $1.5 billion, three sources with direct knowledge of the deal said.

• No new capital needed for 2 years after Rs 11,500-crore QIP: State Bank

  State Bank of India (SBI) will not require fresh capital for two years after its forthcoming Rs 11,500-crore qualified institutional placement (QIP) goes through, and any overseas bond sale is expected only after the issue.

• SBI gets investors' nod for Rs 11,500-crore qualified institutional placement

  State Bank of India (SBI) has received shareholders' approval for raising up to Rs 11,500 crore by way of qualified institutional placement (QIP) or public offer.

• State Bank, other PSU lenders line up QIP issues worth Rs 15,000 crore

  State-run lenders including State Bank of India (SBI) and IDBI Bank have lined up more than Rs 15,000 crore worth of share-sales to institutional investors to shore-up their capital base.

• State Bank's Rs 9,576-crore QIP issue before March

  State Bank of India (SBI), India's largest lender, has said it will raise Rs 9,576 crore through qualified institutional placement (QIP) of shares and the issue would come out before March, 2014.

• Government gives nod to State Bank's plan to raise Rs 9,576 crore via QIP

  State Bank of India (SBI), the country's largest lender, on Monday said it has received government approval to raise Rs 9,576 crore through qualified institutional placement (QIP) in the ongoing fiscal year (FY14).

• SBI seeks to raise up to Rs 9,000 crore via qualified institutional placement

  State Bank of India (SBI), Indias largest lender, has sought government approval to raise up to Rs 9,000 crore through qualified institutional placement (QIP) by the end of the current fiscal year (FY14).

• SBI to take decision on raising fund from QIP in a month

  Financial Services Secretary Rajiv Takru said that banks will be allowed to raise capital from the markets in the proportionate amount infused by the government to maintain the government's shareholding.

• Govt looking into SBI capital raising plans via QIP, FPO: Jr Finmin

  MUMBAI, AUGUST 30By Deepak Joshi : Government is looking into the multi-option capital raising plans of State Bank of India including follow-on public offer, qualified institutional placement and preferential shares, Minister of State for Finance Namo Narain Meena told parliament Tuesday. SBI, which is in dire need of capital to fund expansion, ...