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SBI to start 92b rupee share sale

Friday, January 31, 2014 - 06:00

Mumbai STATE Bank of India (SBI), the country's largest lender, will start a share sale to raise more than 92 billion rupees (S$1.9 billion) to bolster its balance sheet, five people with knowledge of the matter said. The Mumbai-based bank is offering as many as 58.9 million shares at a discount

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