Shares of the nation’s main state-run lender State Financial institution of India (SBI) traded flat in Thursday’s session (June 26, 2025) because the financial institution gears up with its certified institutional placement (QIP) plan for elevating Rs 25,000 crore. Notably, the first share sale by the lender in eight years- can be the nation’s greatest QIP until date.
The general public sector financial institution has appointed Kotak Mahindra Capital, ICICI Securities, HSBC Securities and Capital Markets (India), Citigroup World Markets India, Morgan Stanley India and SBI Capital Markets because the managers to the providing.
