STATE BANK OF INDIA - Outcome of Committee Meeting

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15 Jan 2016
State Bank of India has informed BSE that the Committee of Directors, duly authorized by the Central Board of the Bank, at their meeting held on January 15, 2016 inter-alia, authorized the Bank to seek shareholders approval and to write to GOI and RBI seeking their approval under Section 5 (2) of the State Bank of India Act, 1955 for extending the period of approval for raising equity capital upto Rs.15,000 crores till March 31, 2017 by way of FPO/Rights issue/ESPS/ESOS/QIP/ADR/GDR or any other mode or a combination of these as may be decided at the opportune time or as may be approved by the GOI and RBI.
View all announcements for STATE BANK OF INDIA	Source: BSE India

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