State Bank Of India

State Bank of India (SBI), the country’s largest public sector lender is expecting a capital infusion of around Rs 3,000 - 4,000 crore in December this year or at the latest by March 2012. The bank has however not yet decided by which route the capital infusion would take place.

As of June 2011, the bank had reported a TIER-I capital adequacy ratio of 7.60 percent against the suggested level of 8 percent. The bank reported requirement of Rs 8,000 crore to maintain its capital adequacy ratio at eight percent. The government is the largest shareholder of the SBI with an equity stake of 59.4 percent.

Recently, the SBI had announced its plan to expand presence in Karnataka as state had a good number of entrepreneurs. The bank aimed to meet their requirement in terms of specialized services such as medium enterprises, housing sector, etc.