State Bank of India to Launch 250 Billion Rupees QIP Today
PorAinvest
miércoles, 16 de julio de 2025, 2:02 am ET1 min de lectura
C--
SBI, with a retail bank segment accounting for 43.1% of its income, is majority-owned by the government. The bank had INR 36,812.8 billion in current deposits and INR 24,495 billion in current credits as of March 2020. The QIP is the first time since 2017 that the lender has tapped the equity market [3].
The bank's board had approved the sale in May. SBI has shortlisted six investment banks to manage the transaction, including the Indian arms of Citigroup Inc. and HSBC Holdings Plc, as well as ICICI Securities Ltd., Kotak Investment Banking, Morgan Stanley, and SBI Capital Markets Ltd. [3].
If fully subscribed, the QIP would mark the biggest in India, surpassing Coal India Ltd.'s 225.6 billion rupee sale in 2015 [3].
The government source also indicated that Indian state-owned banks will raise around 450 billion rupees through QIP in the 2025-26 financial year [1]. This includes the government completing its stake sale in IDBI Bank by October and plans to sell shares in UCO Bank, Bank of Maharashtra, Central Bank of India, Punjab & Sind Bank, and Indian Overseas Bank in the financial year [1].
Prime Minister Narendra Modi's government laid out plans in this year's budget to raise 470 billion rupees through stake sales and asset monetisation [1].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3T61BA:0-indian-state-owned-banks-to-raise-5-25-billion-in-2025-26-via-qip-source-says/
[2] https://www.marketscreener.com/quote/stock/STATE-BANK-OF-INDIA-18603402/news/State-Bank-of-India-to-plan-2-9-billion-share-sale-as-soon-as-next-week-Bloomberg-News-reports-50477205/
[3] https://www.ndtvprofit.com/amp/markets/sbis-rs-25000-crore-qip-likely-next-week
HSBC--
MS--
State Bank of India (SBI) is set to launch a Qualified Institutional Placement (QIP) worth 250 billion rupees today, according to CNBC-TV18 sources. SBI is India's largest commercial bank, with a retail bank segment accounting for 43.1% of its income, followed by market bank and business bank segments. The bank had INR 36,812.8 billion in current deposits and INR 24,495 billion in current credits as of March 2020.
State Bank of India (SBI), India's largest commercial bank, is set to launch a Qualified Institutional Placement (QIP) worth 250 billion rupees today, according to CNBC-TV18 sources. The QIP is part of SBI's broader plans to support loan growth, strengthen its balance sheet, and meet regulatory requirements [3].SBI, with a retail bank segment accounting for 43.1% of its income, is majority-owned by the government. The bank had INR 36,812.8 billion in current deposits and INR 24,495 billion in current credits as of March 2020. The QIP is the first time since 2017 that the lender has tapped the equity market [3].
The bank's board had approved the sale in May. SBI has shortlisted six investment banks to manage the transaction, including the Indian arms of Citigroup Inc. and HSBC Holdings Plc, as well as ICICI Securities Ltd., Kotak Investment Banking, Morgan Stanley, and SBI Capital Markets Ltd. [3].
If fully subscribed, the QIP would mark the biggest in India, surpassing Coal India Ltd.'s 225.6 billion rupee sale in 2015 [3].
The government source also indicated that Indian state-owned banks will raise around 450 billion rupees through QIP in the 2025-26 financial year [1]. This includes the government completing its stake sale in IDBI Bank by October and plans to sell shares in UCO Bank, Bank of Maharashtra, Central Bank of India, Punjab & Sind Bank, and Indian Overseas Bank in the financial year [1].
Prime Minister Narendra Modi's government laid out plans in this year's budget to raise 470 billion rupees through stake sales and asset monetisation [1].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3T61BA:0-indian-state-owned-banks-to-raise-5-25-billion-in-2025-26-via-qip-source-says/
[2] https://www.marketscreener.com/quote/stock/STATE-BANK-OF-INDIA-18603402/news/State-Bank-of-India-to-plan-2-9-billion-share-sale-as-soon-as-next-week-Bloomberg-News-reports-50477205/
[3] https://www.ndtvprofit.com/amp/markets/sbis-rs-25000-crore-qip-likely-next-week
Divulgación editorial y transparencia de la IA: Ainvest News utiliza tecnología avanzada de Modelos de Lenguaje Largo (LLM) para sintetizar y analizar datos de mercado en tiempo real. Para garantizar los más altos estándares de integridad, cada artículo se somete a un riguroso proceso de verificación con participación humana.
Mientras la IA asiste en el procesamiento de datos y la redacción inicial, un miembro editorial profesional de Ainvest revisa, verifica y aprueba de forma independiente todo el contenido para garantizar su precisión y cumplimiento con los estándares editoriales de Ainvest Fintech Inc. Esta supervisión humana está diseñada para mitigar las alucinaciones de la IA y garantizar el contexto financiero.
Advertencia sobre inversiones: Este contenido se proporciona únicamente con fines informativos y no constituye asesoramiento profesional de inversión, legal o financiero. Los mercados conllevan riesgos inherentes. Se recomienda a los usuarios que realicen una investigación independiente o consulten a un asesor financiero certificado antes de tomar cualquier decisión. Ainvest Fintech Inc. se exime de toda responsabilidad por las acciones tomadas con base en esta información. ¿Encontró un error? Reportar un problema
Comentarios
Aún no hay comentarios