QIP News

Indian Overseas Bank Secures Rs 1,436 Crore Through Strategic QIP, Attracts Major Investors Like LIC and SBI

Indian Overseas Bank (IOB) has raised Rs 1,436 crore through a QIP, with major investments from LIC and SBI. The move increases its capital and plans for future growth, aiming to b...

Indian Overseas Bank Initiates QIP to Secure Rs 2,000 Crore, Aiming to Reduce Government's Stake

Indian Overseas Bank (IOB) launches a QIP to raise Rs 2,000 crore, aiming to reduce the government's stake and comply with SEBI's MPS mandate. Additionally, the bank plans to issue...

IREDA Greenlights Ambitious Rs 5,000 Crore Fundraising Plan Through QIP for Renewable Energy

IREDA announces a Rs 5,000 crore fundraising plan through QIP to support renewable energy projects, ensuring a sustainable future while maintaining government shareholding.

Punjab & Sind Bank Aims to Boost Capital with Rs 2,000 Crore QIP This Quarter

Punjab & Sind Bank plans to raise Rs 2,000 crore through QIP, aiming to reduce government stake and improve capital adequacy. With a significant profit jump and reduced bad loans, ...