SBI raises Rs 25,000 cr via share sale

SBI raises Rs 25,000 cr via share sale

State Bank of India (SBI) on Monday said it has raised Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth. The committee of directors at its meeting held on Monday approved the closure of the issue pursuant to the receipt of application forms and the funds in the escrow account from the … Read more