Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Fund Raising by State Bank of India

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Fund Raising by State Bank of India
News and Press Release
Dated:- 30-4-2016

State Bank of India (SBI) has been allowed by the Government to raise equity capital up to Rs, 15,000/- crore .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s by way of FPO/Right Issue/ESPS/ESOS/QIP/ADR/GDR/any other mode or a combination of these. In this regard, the shareholders' approval was obtained n the General Meeting of shareholders held on 26.2. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2016. The Capital Adequacy Ratio for SBI as on 31st December, 2015 is 12.45% as against the RBI prescription of 12.10% as on 31st March, 2019 as per Basel III transitional arrangement. However, the a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dditional capital raised/to be raised will help the Bank for meeting credit growth. This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n Lok Sabha.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates