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State Bank Of India to raise up to $1.5 bln via share sale-Reuters


Monday, 2 Dec 2013 12:33am EST 

State Bank Of India:Will raise up to 95.76 bln Indian Rupees ($1.53 bln) through a share sale to institutional investors or a follow-on public offer, it said in a statement late on friday-Reuters.It plans to raise another 20 billion Indian Rupees through sale of shares to the government on a preferential basis. 

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