CHENNAI: Indian Overseas Bank (IOB) on Thursday launched a qualified institutional placement (QIP) to raise Rs 2,000 crore. This will bring down the Centre's shareholding in the state-run bank.

Shares of UCO Bank, Central Bank of India, and Punjab & Sind Bank are in the spotlight on Tuesday following their announcements to raise capital through Qualified Institutional Placement (QIP).

MLB Opening Day 2025 is finally upon us and all eyes will be on the Los Angeles Dodgers after their World Series win in 2024. The Dodgers technically already opened their season with a sweep of ...

Home First Finance Company has launched a qualified institutional placement (QIP) with a base issue size of ₹1,000 crore, which may be upsized to ₹1,250 crore, according to sources. The indicative ...

State-owned Punjab & Sind Bank on Monday fixed the floor price of Rs 40.38 per share to raise funds through QIP. The bank has proposed to raise Rs 2,000 crore through Qualified Institutional Placement ...

Banks set a floor price on QIPs. Reports had suggested the government had approved a fundraising worth ₹10,000 crore in offer for sale for five PSU banks to maintain minimum public shareholding norms.

UCO Bank informed that its board has approved the opening of the issue of qualified institutional placement (QIP) of equity shares with the floor price of Rs 36.07 per equity share. The board of ...

State-run lender Indian Overseas Bank Ltd. has launched a Qualified Institutional Placement (QIP) to raise up to ₹2,000 crore. The base size of the issue is worth ₹1,000 crore and the bank will have ...

Indian Overseas Bank closed its QIP on Monday, raising ₹1,436 crore by selling 354.1 million equity shares to institutional investors. The bank had initially planned to raise up to ₹2,000 crore ...

The floor price for the Tim Hortons, Burger King and Popeyes operator's QIP has been fixed at Rs 62.32 per share, which is around 3.2% lower than the stock's closing price of Rs 64.41. Promoters of ...

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Proud to share my involvement as a key deal team member in Zomato's capital raise via Qualified Institutional Placement (QIP) of INR 8,500 crore.