Diwakar Gupta, CFO of SBI said the bank will go for its Rs 20,000-crore rights issue when market conditions turn favourable
Gupta also said that the lending major is engaged in continuous dialogue with the government regarding the rights issue.
On the banks financials, Gupta said, he expects provisioning of Rs 2,100 crore in the first quarter of FY12.
Source: CNBC-TV18
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