State Bank of India (SBI), the country’s largest lender, has successfully raised ₹25,000 crore through a landmark Qualified Institutional Placement (QIP), making it the biggest such share sale in Indian banking history. 

The shares were offered at ₹817 apiece and saw overwhelming demand—over four times the offered size—attracting top global and domestic investors, including LIC, which invested ₹5,000 crore. This strategic capital infusion will strengthen SBI’s Common Equity Tier 1 (CET-1) ratios and enable aggressive loan growth across retail, corporate, and infrastructure sectors. The move is part of SBI’s broader plan to raise up to ₹45,000 crore this fiscal through shares and bonds, ensuring robust financial flexibility and readiness to fuel India's growing credit demand. The share sale also reflects rising investor confidence in India’s banking sector and positions SBI as a leading force in the country’s economic resurgence.