State Bank of India issues shares to Govt; raises Rs 5681 crore
SBI said, "The committee of director for capital raising considered accorded approval by circulation to allot Rs 21,07,27,400 equity shares, ranking pari-passu with the existing shares of SBI in all respects with a consideration of Rs 5681 crore."
Equity shares will be offered at a price of Rs 269.59 per share having face value of Re 1 each including a premium of Rs 268.59 per share. Photo: PTI