Till 31 March 2017
State Bank of India announced that the Committee of Directors, duly authorized by the Central Board of the Bank, at their meeting held on 15 January 2016 inter-alia, authorized the Bank to seek shareholders approval and to write to GOI and RBI seeking their approval under Section 5 (2) of the State Bank of India Act, 1955 for extending the period of approval for raising equity capital upto Rs.15,000 crore till 31 March 2017 by way of FPO/Rights issue/ESPS/ESOS/QIP/ADR/GDR or any other mode or a combination of these as may be decided at the opportune time or as may be approved by the GOI and RBI.Powered by Capital Market - Live News
