Current Affairs - Banking - Discussion

The State Bank of India (SBI) made history on July 22, 2025, by raising ₹25,000 crore through a Qualified Institutional Placement (QIP), marking the largest such fundraising in the Indian capital market. The issue was oversubscribed 4.5 times, reflecting immense investor confidence in SBI’s robust fundamentals, long-term growth strategy, and India’s economic outlook. The QIP attracted significant interest from both foreign and domestic institutional investors and was priced at a premium of ₹817 per share. The capital raised will enhance SBI’s Common Equity Tier-1 ratio, support credit expansion across retail, MSME, and corporate segments, and bolster its leadership in digital banking and financial resilience.