SBI to Launch Massive $2.9 Billion Share Sale Next Week to Fortify Capital Base and Fuel Growth

Unknown Apr 02, 2026 400 Views

India’s largest lender, State Bank of India (SBI), is reportedly preparing to raise ₹25,000 crore (approximately $2.9 billion) through a qualified institutional placement (QIP) as early as next week, according to sources cited by Bloomberg. The move is aimed at strengthening SBI’s Com...