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UCO Bank, a public sector bank headquartered in Kolkata, has made qualified institutions placement (QIP) of 58,36,00,803 ...
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The four lenders raised a total sum of ₹6,155 crore through the QIP exercise, of which, ₹1,525 crore have come by selling shares to LIC. While Indian Overseas Bank closed its QIP earlier in the week, ...
This settlement follows recent financial restructuring, including an Rs 3,000 crore infusion through a Qualified Institutional Placement (QIP) and an additional Rs 294.09 crore from promoter Ajay ...
A ₹3,000 crore QIP capital infusion in September 2024 and ₹294 crore investment by promoter Ajay Singh have helped the airline move towards financial stability ...
SpiceJet's shares saw an uptick after the company announced the successful resolution of its dispute with Willis Lease Finance Corporation, a global aircraft engine lessor.
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.
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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.
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 ...
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