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.