QIP March: SBI kicks off Rs 25,000 crore share sale to boost capital base

July 17, 2025

State Bank of India (SBI) initiated a ₹25,000-crore share sale to institutional investors, marking the largest equity capital raise by an Indian entity since 2015. The indicative offer price ranged from ₹806.75 to ₹831.70 per share, with participation expected from LIC, financial institutions, and international investors.

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RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore

The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate

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RBI eases restrictions on cash credit accounts, eases current account norms

The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.

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