LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares

July 21, 2025

LIC increased its stake in SBI from 9.21% to 9.49% through participation in SBI’s record Rs 25,000 crore QIP. The offering saw overwhelming interest, receiving bids worth Rs 1.10 lakh crore from 120 institutional investors globally.

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