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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-17 00:40:22 UTC

State Bank of India (SBIN)
on NSE: XXXXXX (+1.87%)

SBI Launches Mammoth Rs XXXXXX Crore Share Sale to Boost Capital

View: Positive

State Bank of India (SBI) has initiated a Rs XXXXXX crore share sale to institutional investors through a qualified institutional placement (QIP). The offer price range is set at Rs XXXXXX to Rs XXXXXX per share, with bidding open until early Thursday. The QIP aims to boost SBI's common equity tier I ratio by about XX basis points. The floor price is Rs XXXXXX per share, with a potential X% discount. SBI also plans to raise up to Rs XXXXXX crore through Basel III compliant Additional Tier X and Tier X Bonds in fiscal year 2026.

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#Stocks #Market #SBIN

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**Related Topics**
[nse](/topic/nse)
[india](/topic/india)
[bank of](/topic/bank-of)
[state bank of india](/topic/state-bank-of-india)

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