State Bank of India said that Union Finance Ministry has assured that the bank would be adequately capitalized by March 2012, however, the route to re-capitalise it has not been decided yet. Whether it would be a rights issue, preferential or QIP route is still not decided. The Government is the largest shareholder of the bank with holding. Chaudhari said that the government has to take a call on what level of ownership it wants to maintain in the bank. If it wants…
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