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Central Board of State Bank of India to consider raising equity capital

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Capital Market
Last Updated : Oct 17 2018 | 6:50 PM IST

On 22 October 2018

The Central Board of State Bank of India will meet on 22 October 2018 to consider the following enabling resolution -

To raise equity capital during FY19 from the market by way of FPO/QIP/Preferential allotment/ Rights lssue/any other mode or a combination of these, to be decided at the opportune time subject to the approval of shareholders, Reserve Bank of lndia and Government of lndia.

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First Published: Oct 17 2018 | 6:31 PM IST

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