13.05 (1.23%) 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.