State Bank of India (SBI), the country's largest lender, expects to launch a Rs 200 billion ($4.2 billion) rights issue in the second half of 2010-11. The government's share in the state-run bank's rights issue is likely to be 60%.
It is still at the conversation stage, so that's why if it comes up it will be towards the end of the financial year. State Bank also plans to raise Rs 1 billion to Rs 2 billion in the domestic retail bond market in the first half of 2010-11.
crackcrack
| Company Name | CMP |
|---|---|
| SBI | 1112.15 |
| PNB | 114.10 |
| Canara Bank | 144.35 |
| Bank Of Baroda | 284.10 |
| Union Bank Of India | 191.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: