Dec 31 2010
STATE BANK
State Bank of India's committee approves to raise funds The committee of State Bank of India in its meeting on 30 December 2010 has accorded approval for raising the 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.