SBI, PNB, Bank of Baroda, other PSU banks on fund-raising spree; may sell shares this year for capital
QIP is a way for listed companies to raise capital without having to submit legal paperwork to market regulators. In an effort to raise capital amid the disruptions led by the coronavirus pandemic, five large PSU banks may sell shares to institutional investors later in this fiscal year. SBI, PNB, BoB, and UBI are among … Read more