State Bank of India is poised to raise up to ₹25,000 crore through a qualified institutional placement (QIP) to bolster its Common Equity Tier-1 ratio. Several major financial institutions have been selected to manage the fundraising, accepting a minimal fee due to the prestige associated with the mandate.
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SBI shares in focus as bank prepares for Rs 25,000 crore QIP, first share sale in 8 years
