State Bank Of India

BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1062.80
9.90 (0.94%)
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SBI to seek shareholders’ approval in mid-July to raise up to Rs 20,000 crore

Date: 17-06-2020
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.