SBI needs to raise Rs 40,000 crores in next five years: OP Bhatt
SBI Chairman and Managing Director OP Bhatt said that the bank needs to raise around Rs 40,000 crore of capital over the next five years. He said this will be done through a rights issue.
"In the next five years, we need to raise somewhere around Rs 40,000-crore. This is in addition to Tier II capital and in addition to retail earnings which account for Tier I capital," OP Bhatt said in New De...
|
|
