HomeNewsBusinessEconomyRights issue dependent on money allocated this budget: SBI

Rights issue dependent on money allocated this budget: SBI

OP Bhatt, Chairman of the State Bank of India, in an exclusive interview to CNBC-TV18, says that the bank need to raise capital over medium-long term, however, it will only be post the budget allocations are announced.

February 17, 2011 / 12:12 IST
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As the D-day for Budget 2011-12 draws closer, it continues to play a key factor in most long-term resolutions. OP Bhatt, Chairman of the State Bank of India, in an exclusive interview to CNBC-TV18, says that the bank need to raise capital over medium and long term, however, it will depend entirely on the budget allocations.

first published: Feb 15, 2011 12:01 pm

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