SBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers
Country's largest lender SBI on Tuesday said it plans to raise funds through follow-on public offer and institutional placement in the current fiscal and has sought applications from merchant bankers for managing the issue.
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The government has asked the bank to decide on the timing of the FPO during its quarterly results between May 23-25.
Apr 24, 2015, 13:21 PM IST