To facilitate the huge capital mop-up plans of India?s largest bank, finance minister Pranab Mukh-erjee has reintroduced the State Bank of India (Amendment) Bill, 2010, in the Lok Sabha on Monday. The bill will reduce the Centre?s shareholding in the bank from the current level of 55% to 51% in sync with the minimum threshold for other banks.
Bill to raise SBI capital introduced
To facilitate the huge capital mop-up plans of India?s largest bank, finance minister Pranab Mukh-erjee has reintroduced...
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This article was first uploaded on March nine, twenty ten, at three minutes past twelve in the am.