institutional investors

BANKING & FINANCE Poonawalla Fincorp Raises ₹2,500 Cr, Attracts Strong Institutional Interest

Poonawalla Fincorp Ltd (PFL) has announced the successful completion of its qualified institutions placement (QIP), raising ₹2,500 crore. The issue saw strong participation from institutional investors and long-term funds, reflecting continued confidence in the company’s strategy and growth outlook. Issue details and pricing The company issued 67,430,883 equity shares of face value ₹2 each to […]

CW Bureau · Apr 14, 2026

BANKING & FINANCE SBI Raises ₹6,051-Cr Via Tier-2 Bonds at 7.05% Coupon Rate

State Bank of India (SBI) has raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance in the current financial year, at a coupon rate of 7.05%. The bonds carry a tenor of 10 years, with a call option after five years and on every anniversary thereafter. The issue has been rated AAA […]

CW Bureau · Mar 18, 2026