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SBI fixes issue price at Rs 1,783 for preferential allotment

Last Updated: Thursday, December 12, 2013, 20:47

State Bank of India (SBI) on Thursday fixed an issue price of Rs 1,782.74 a share for a preferential stock allotment to the government to raise Rs 2,000 crore as part of the capital infusion plan for this fiscal.

SBI fixes issue price at Rs 2,312 for preferential allotment

Last Updated: Monday, February 25, 2013, 16:43

The infusion will enable the bank to support national and international banking operations through its subsidiaries and associates, SBI said in a BSE filing.