State Bank of India launches largest-ever QIP to raise $2.2b

State Bank of India launches largest-ever QIP to raise $2.2b

Photo: Mint

State Bank of India (SBI) launched the country’s largest institutional share sale programme on Monday, aiming to raise up to Rs15,000 crore as it looks to strengthen its capital base to increase loan growth as well as cushion the balance sheet from bad loans.

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