<ul data-eligibleForWebStory="false"><li>SBI, India's largest lender by assets, is preparing to sell around $2.9 billion of shares through a Qualified Institutional Placement (QIP) as early as next week.</li><li>If fully subscribed, this would be the largest QIP in India, exceeding Coal India Ltd.'s sale in 2015.</li><li>The sale is part of SBI's strategy to support loan growth, strengthen its balance sheet, and meet regulatory requirements.</li><li>The bank has shortlisted six investment banks to manage the transaction and the plans are subject to change.</li></ul>

SBI's Rs 25,000-Crore QIP Likely Next Week

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