Up to Rs 15000 crore
State Bank of India announced that the Bank's Committee of Directors for Capital Raising has decided to take enabling approval from the shareholders for raising additional equity share capital up to Rs 15000 crore by way of public issue or rights issue or private placement, including QIP/ GDRs/ ADRs and/or any other modes or combination thereof. The Committee also decided to seek GoI/ RBI approval for raising capital under Section 5 (2) of the State Bank of India Act, 1955 and take all necessary steps in this regard.Powered by Capital Market - Live News