SBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers
Country's largest lender SBI on Tuesday said it plans to raise funds through follow-on public offer and institutional placement in the current fiscal and has sought applications from merchant bankers for managing the issue.
May 09, 2017, 15:13 PM ISTSBI to raise up to Rs 15,000 crore by March 2017
The fund raised will help the bank to meet global risk norms, Basel III, which will kick in from March 2019.
Jan 16, 2016, 00:00 AM IST