State Bank of India (SBI), country’s largest public sector
lender has reportedly required Rs 2,30,000 crore additional capital in order to
meet the stringent Basel III requirements till 2018. Out of this, Rs 1,50,000
crore is of tier I and the rest Rs 80,000 in tier II capital. It is confidence
that the lender will be able to manage this huge amount. 0731-664-2300
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