IOB Plans ₹5,000 Crore QIP to Cut Government Stake to About 86%; Eyes $500 Million via ECBs
Indian Overseas Bank plans to raise Rs 5,000 crore through a QIP at the end of Q3 or early Q4…
27 OCT 2026
Qualified institutional placement
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Qualified institutional placement
Union Bank of India Plans to Raise Rs 10,000 Cr
Union Bank of India, a state-owned financial institution, announced that its board has approved a proposal to raise Rs 10,000…
12 JUN 2024
Union Bank of India announces QIP worth Rs 3,000 crore
PSU lender Union Bank of India announced Rs 3,000-crore qualified institutional placement (QIP) with a floor price of Rs 142.78/share.…
21 FEB 2024
Govt planning to bring down stakes in IDBI Bank
The centre is trying out all its ways, including Qualified Institutional Placement (QIP), to bring down its stakes in public…
12 JUN 2018
Andhra Bank mulls to raise capital
Andhra Bank is making concerted efforts to get shareholders’ nod to raise capital through qualified institutional placement/ follow-on public offer…
24 JUN 2016
IDBI Bank approaches shareholders to raise capital
In order to raise Rs 8,000 crore through an equity offer, IDBI Bank has sought requisite approval from shareholders, the…
22 JUN 2016
