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Updated:24 May 2013 03:40:00 PM(IST)

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RELIANCE 786.45 [ +0.25% ]TCS 1469.55 [ -1.55% ]ICICIBANK 1204.15 [ +2.72% ]

Sensex19704.33
30.00 0.15%

Nifty5983.55
16.50 0.28%

Midcap6387.13
23.31 0.37%

Smallcap5992.46
18.01 0.30%


Nse Corporate Announcements Back
State Bank Of India - Updates
State Bank Of India has informed the Exchange that the Executive Committee of the Central Board of the Bank had accorded approval for raising Tier II Capital for an aggregate amount of Rs.10,000 crore by way of Public Issue of Subordinated Bonds (Lower Tier II Bonds) during the remaining period of FY 2010-11 and in FY 2011-12, in different tranches and also for raising of Rs.1,000 crore with an option to retain oversubscription upto Rs. 1,000 crore, along with an option to retain oversubscription under the Retail Category beyond Rs.2000 crore but up to the rated amount of Rs.10,000 crores, in the first tranche.

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