Shares of the country’s leading state-run lender State Bank of India (SBI) traded flat in Thursday’s session (June 26, 2025) as the bank gears up with its qualified institutional placement (QIP) plan for raising Rs 25,000 crore. Notably, the first share sale by the lender in eight years- is also the country’s biggest QIP till date.

The public sector bank has appointed Kotak Mahindra Capital, ICICI Securities, HSBC Securities and Capital Markets (India), Citigroup Global Markets India, Morgan Stanley India  and SBI Capital Markets as the managers to the offering.