State Bank Of India

BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
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SBI gets nod to raise Rs 20,000 crore through the sale of shares

Date: 08-12-2018

State Bank of India (SBI) has received shareholders’ approval to raise up to Rs 20,000 crore through the sale of shares. The country's largest lender held a general meeting of its shareholders in Mumbai to seek approval for the business as a special resolution.

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.