SBI launches record share sale to raise up to â¹15,000 crore
India's largest lender SBI launched the country's largest institutional share sale programme on Monday, to raise up to â¹15,000 crore. With this, SBI looks to strengthen its capital base to increase loan growth and protect the balance sheet from bad loans. SBI also broke its own record of 2014 when it raised â¹8,032 crore through qualified institutional placement (QIP).