Sbi to issue bonus shares


SBI the number one bank in the country is considering issue of Bonus shares, according to Financial Express. Presently, GOI holds 59% shareholding in the Bank with the transfer of shares from RBI to Government of India. Hence Government of India will be the biggest beneficiary

SBI TO ISSUE BONUS SHARES,

SBI the number one bank in the country is considering issue of Bonus shares, according to Financial Express. Presently, GOI holds 59% shareholding in the Bank with the transfer of shares from RBI to Government of India. Hence Government of India will be the biggest beneficiary. :Last Thursday the shares rose almost 7%. Further in March 2011 a right issue is also in the pipeline Watch this column for further developments........


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