SBI to seek shareholders’ approval in mid-July to raise up to Rs 20,000 crore

State Bank Of India | Bank - Public | BFSI | BSE: 500112 | NSE: SBIN

17 Jun 2020 Evaluate

State Bank of India (SBI) is going to seek shareholders’ approval in mid-July to raise up to Rs 20,000 crore equity capital through various means in the current fiscal. A general Meeting of the shareholders of the bank will be held on July 14, 2020.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers

Company Name	CMP
State Bank Of India	988.80
PNB	116.55
Bank Of Baroda	232.50
Canara Bank	123.20
Union Bank Of India	176.85
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.