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State Bank Of India (SBID)

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Thursday 31 October, 2013

State Bank Of India

Listing Agreement: Clause 36

RNS Number : 8706R
State Bank Of India
31 October 2013
 



The Executive Director                                                                         Date : 30 October 2013

The BSE Ltd.

Phiroze Jeejeebhoy Tower,                                                               Ref. No.: CC/S&B/MJ/1679

25th Floor, Dalal Street,

Mumbai - 400001

 

Madam/Dear Sir

 

LISTING AGREEMENT: CLAUSE 36:

INFUSION OF CAPITAL IN THE BANK BY GOI

 

In terms of Clause 36 of the Listing Agreement, we advise that the Central Board of the Bank, in its Meeting held on 30.10.2013,  has approved, subject to the approvals from RBI and GoI under section 5 (2) of the State Bank of India Act, the infusion of Capital funds to the tune of Rs. 2000 Crore (rupees Two Thousand Crores) in the State Bank of India by way of preferential allotment of equity shares in favour of the Government of India.

 

Yours faithfully,

 

 

General Manager


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