|
Jan 21, 2013, 08.23 AM IST
SBI in its meeting held on Jan 19, 2013, has approved infusion of capital funds in the Bank by the GoI, to the tune of Rs 3004 cr during FY 2012-13, by way of preferential allotment of equity shares to the Gol, to enable the bank to support national and international banking operations undertaken through its subsidiaries and associates.
State Bank of India has informed BSE that the Central Board of the Bank, in its Meeting held on January 19, 2013, has approved infusion of Capital funds in the Bank by the GoI, to the tune of Rs.3004 crore during FY 2012-13, by way of Preferential Allotment of equity shares to the Gol, to enable the Bank to support national and international banking operations undertaken through its Subsidiaries and Associates.In this connection, the Bank is seeking necessary approvals from RBI and Gol under section 5(2) of the State Bank of India Act to increase its issued capital.Source : BSE
Read all announcements in SBI
Set email alert for |
 From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'  The latest earning numbers FIRST on CNBC-TV18
News Videos
|
