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SBI fund raising News

State Bank of India

09 Jun 2017

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.

09 May 2017

SBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers

Country's largest lender SBI on Tuesday said it plans to raise funds through follow-on public offer and institutional placement in the current fiscal and has sought applications from merchant bankers for managing the issue.

15 Jan 2016

SBI to raise up to Rs 15,000 crore by March 2017

The fund raised will help the bank to meet global risk norms, Basel III, which will kick in from March 2019.

State Bank of India

21 Dec 2015

SBI to raise up to Rs 12,000 crore by tier-II bonds

Country's largest lender State Bank of India (SBI) on Monday said it plans to raise up to Rs 12,000 crore by issuing tier-II bonds on private placement basis.

24 Apr 2015

SBI's up to $2.4 billion share sale likely in June: Sources

The government has asked the bank to decide on the timing of the FPO during its quarterly results between May 23-25.

State Bank of India

28 Jan 2015

SBI to raise Rs 15,000 crore through public issue

State Bank of India (SBI) will raise Rs 15,000 crore through a public offer including rights issue to fund business and meet global capital adequacy norms.

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