Epic Update : State Bank of India

State Bank of India has decided to raise up to Rs 3,004 crore, through preferential allotment of shares to the Government of India (GoI). The Bank’s Executive Committee of Central Board (ECCB) had on February 23, 2013 decided to issue the shares at Rs 2,312.78 per share including a premium of Rs 2,302.78 per share.

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