Advertisement


Qualified Institutional Placement Qip
Business  /  Published 04.11.20

PNB to raise Rs 7,000cr through QIP of shares

Bank of Baroda on Tuesday said it would not charge for basic banking services following a public outcry. The announcement came just a day after the bank said it would begin charging customers for bas...
By Our Special Correspondent in New Delhi

Business  /  Published 17.10.20

Indiabulls divests in OakNorth

Indiabulls Housing Finance on Friday said it has sold an additional stake in OakNorth Holdings Ltd for Rs 220 crore. The sale proceeds will be accretive to the regulatory net worth and the CRAR (capit...
By Our Special Correspondent in Mumbai

Business  /  Published 20.08.20

RBL Bank joins cash chase

Mid-sized private lender RBL Bank is the latest to join the capital raising spree among banks as it is set to raise funds through a preferential issue and a likely qualified institutional placement (Q...
By Our Special Correspondent in Mumbai

Business  /  Published 19.08.20

Uco Bank to raise funds

State-run Uco Bank has secured approvals from its board of directors and shareholders to raise Rs 3,000 crore capital this fiscal as the lender requires resources to grow and also provide for non-perf...
By Our Bureau in Calcutta

Business  /  Published 11.08.20

ICICI kicks off QIP issue to mobilise Rs 15,000cr

InterGlobe Aviation’s board has approved a plan to raise up to Rs 4,000 crore through a qualified institutional placement of shares, subject to the approval of the company’s shareholders a...
By Our Special Correspondent in Mumbai

Business  /  Published 06.08.20

Global funds queue up for Axis Bank QIP

Axis Bank on Wednesday received a strong response to its qualified institutional placement (QIP), sending its shares higher by 1.39 per cent. The bank had launched the Rs 10,000-crore QIP on Tuesday. ...
By Our Special Correspondent in Mumbai

Business  /  Published 06.08.20

Mortgage lender HDFC to raise Rs 23,000cr

HDFC, the country’s largest housing finance company, is raising Rs 23,000 crore through a qualified institutional placement (QIP) of equity shares and warrants and non-convertible debenture...
By Our Special Correspondent in Mumbai

Business  /  Published 08.08.19

Yes Bank sets QIP floor price

Yes Bank on Thursday announced the opening of the qualified institutional placement (QIP) issue at a floor price of Rs 87.90 per equity share.The mobilisation comes at a time the private lender needs ...
By Our Special Correspondent in Mumbai

Business  /  Published 31.05.20

Kotak Mahindra Bank mops up Rs 7442 crore

Private sector lender Kotak Mahindra Bank (KMB) has raised Rs 7,442.5 crore through a qualified institutional placement (QIP) of shares. The bank on Saturday issued 6.5 crore shares at a price of Rs ...
By PTI in Mumbai

Business  /  Published 26.05.20

Kotak lowers stake in bank

Kotak Mahindra Bank on Tuesday launched a qualified institutional placement (QIP) issue that will see the bank raise up to Rs 7,500 crore. The private sector lender has a fixed a floor price of Rs 1,1...
By Our Special Correspondent in Mumbai


Advertisement

Download our latest App

to get update on the go...

Advertisement

Advertisement
 
Copyright © 2020 The Telegraph. All rights reserved.