SBI QIP

SBI raises Rs 15,000 cr from QIP

India`s largest bank State Bank of India (SBI) has successfully completed raising of Rs 15,000 crore from qualified institutional placement (QIP), a top bank official said on Friday.

Jun 09, 2017, 16:24 PM IST

Draft Cabinet note for govt stake dilution in SBI next month: Sandhu

Finance Ministry is likely to prepare draft cabinet note for government stake dilution in State Bank of India in August to enable it to raise capital for meeting Basel III norms.

Jul 19, 2014, 14:26 PM IST