State Bank Of India

State Bank of India (SBI) has subscribed 5,10,000 equity shares of Raajmarg Infra investment Managers through Rights issue. This acquisition increases SBI's total shareholding to 14,90,000 shares, representing a 7.45% stake in the company. The investment is being made to incorporate the company which shall act as an Investment Manager and provide services to a proposed public InvIT to be sponsored by National Highway Authority of India (NHAI). 

State Bank of India 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.