Current Affairs · Banking Affairs
For FY26, the Indian government outlined a strategy to raise capital through Qualified Institutional Placements (QIPs) by Public Sector Banks (PSBs). State Bank of India (SBI) leads this initiative with a target of Rs 20,000 crore. What is the total capital amount planned to be raised through QIPs by PSBs in FY26?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs 68,000 crore
- 2Rs 47,000 crore
- 3Rs 45,000 crore✓
- 4Rs 35,000 crore
Correct answer
Rs 45,000 crore
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