FilingReader Intelligence
State Bank of India raises $25bn through equity placement
July 21, 2025 at 06:19 PM UTC•By FilingReader AI
State Bank of India raised nearly $25bn through a qualified institutional placement, allotting 306 million shares at $817 each. The five-day offering increased the bank's equity capital from $8.92bn to $9.23bn.
Major investors included Life Insurance Corporation of India and Societe Generale.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:SBIN•Bombay Stock Exchange
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