State bank of india
SBI, the country’s largest government bank, has launched a scheme, which will put a lottery of 25 thousand crores to the bank. SBI on Wednesday launched share sales for qualified institutional investors. SBI is expected to get Rs 25,000 crore from this share sale. Earlier, SBI had approved to raise 20 thousand crores through bonds. Let us also tell you what kind of figures have been revealed about SBI’s QIP.
SBI brought Dhansu Scheme
In its meeting held on Wednesday, the board of the company approved the institutional placement (QIP) of the company’s full paid equity shares at a minimum price of Rs 811.05 per equity share, which is 2.3 per cent lower than the final closed price of 830.5 on NSE. SBI further stated that the bank cannot give more than 5 per cent discount at the prescribed minimum price for QIP, while the issue will be determined by the price value bank in consultation with the book running lead managers. In May, the Board of Lander approved the appointment of qualified institutions in the financial year 2025-26 (FY26) or raising funds of up to Rs 25,000 crore in one or more installments through FPO or any other permissible mode or combination.
20 thousand crore bonds will be released
Earlier in the day, SBI board approved raising Rs 20,000 crore through bonds. In the information given to the exchange, SBI said that the Central Board of the bank on Wednesday i.e. in its meeting held on 16.07.2025, among other things, along with other things, during FY 2026, during the financial year 2026, the amount of Rs 20,000 crore (only twenty thousand crore rupees) to domestic investors is approved to raise funds in Indian rupees by issuing additional Tier 1 and Tier 2 bonds according to Basel III III and Tier 2 bonds according to the Government of India.
SBI shares rise
By the way, the shares of State Bank of India, the country’s largest government bank, have seen a rise of about two percent. According to BSE data, SBI’s stock rose by 1.81 per cent to close at Rs 831.55. Whereas during the business session, the company’s stock reached the day high with Rs 834. By the way, the company’s stock was opened at flat level with Rs 816.50 on Wednesday morning. Currently, SBI is one of the top 10 valued firms in the country. The bank’s market cap is seen to be Rs 7,42,126.78 crore.