Tuesday, October 18, 2011

Govt diapproves SBI rights issue In FY12, other means eyed

Govt diapproves SBI rights issue In FY12, other means eyed NEW DELHI: A much awaited rights equity issue by State Bank of India will not happen in the current fiscal year, but the government will pump in cash to shore up the state-run bank's capital, Secretary, financial services DK Mittal said on Wednesday. ... Govt diapproves SBI rights issue In FY12, other means eyed

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