
SBI launches ₹25,000 crore QIP; stock reacts positively in early trade today
Shares of State Bank of India (SBI) traded slightly higher on July 17 after the country’s largest lender formally launched its qualified institutional placement (QIP) to raise ₹25,000 crore. As of 9:16 AM, the stock was quoted at ₹840.00, up 1.00% from the …