No 'clarity' but SBI sees rights issue through by March '12
In an exclusive interview with CNBC-TV18, Krishna Kumar, the managing director of the state-run bank says that though there is no ‘clarity’ on the rights issue this fiscal, he is hopeful to see it through by the end of December 2011 or by March 2012.
June 21, 2011 / 04:25 PM IST
The chairman of the State Bank of India had told CNBC-TV18 on Monday that SBI is hopeful to move fast on the awaited rights issue. In an exclusive interview with CNBC-TV18, Krishna Kumar, the managing director of the state-run bank says that though there is no