State Bank of India’s monumental ₹25,000-crore QIP witnessed overwhelming demand, exceeding four times the offered stock. Attracting bids worth ₹1.10 lakh crore from around 120 investors, including BlackRock and Marshall Wace, the sale underscores confidence in SBI’s growth prospects. The capital raise will bolster SBI’s CET 1 ratio, positioning it for future expansion.
Mark Mobius, pioneer of emerging markets investing, dies at 89
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,
April 15, 2026