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State Bank of IndiaOthers, 06-05-2025: Shareholders meeting

06-05-2025 | 06:55 pm

State Bank of India has announced a General Meeting to approve raising up to ₹25,000 Cr through equity issuance to support long-term funding, capital expenditure, and loan growth. The Board will decide on the issue price, timing, and investor categories, maintaining the Central Government’s minimum 51% ownership. Shareholders will have the option to vote remotely and participate virtually, reflecting efforts to strengthen the Bank’s financial structure and sustain growth.

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