Date:26/5/11,
Public Equity,
State Bank of India will submit the revised proposal to the government for INR 200 billion rights issue next month.
The bank will file the revised proposal next month,SBI Chairman Pratip Chaudhuri said on the sidelines of an event.
The public sector lender is hopeful of a rights issues this fiscal. Earlier this month, Chaudhuri had said, "the Government is committed to well capitalising SBI. So in that context, we are quite hopeful that the rights issue contribution will come through during this year."
The bank will file the revised proposal next month,SBI Chairman Pratip Chaudhuri said on the sidelines of an event.
The public sector lender is hopeful of a rights issues this fiscal. Earlier this month, Chaudhuri had said, "the Government is committed to well capitalising SBI. So in that context, we are quite hopeful that the rights issue contribution will come through during this year."
No comments:
Post a Comment