SBI needs Rs 7,800 cr to hike tier-1 capital to 8% by March

Shobha Roy Updated - October 20, 2011 at 01:02 PM.

The State Bank of India Managing Director and CFO, Mr Diwakar Gupta, said the bank has a capital requirement of Rs 7,800 crore to take its Tier-1 capital to 8 per cent by March 2012.

SBI's Tier-1 capital was 7.6 per cent as on June 30, 2011.

Published on October 20, 2011 07:32