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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

-52.4 -2.00%
19 Sep 2014