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GoI approves capital raising of State Bank Of India


Monday, 9 Dec 2013 06:22am EST 

State Bank Of India:Says the Government of India (GoI), has accorded its approval to raise Indian Rupees 95.76 billion of equity during the financial year 2013-2014 from the market by way of qualified institution placement (QIP).As per law with the condition that the Gol holding shall not come down below 58 pct. 

Company Quote

2584.55
16.65 +0.65%
6:16am EDT