SBBJ Rights Issue

In which year State Bank of Bikaner & Jaipur (SBBJ) expects to raise Rs 780 crore through the rights issue, do you have any idea about it ??

State Bank of Bikaner & Jaipur (SBBJ) is an associated bank of State Bank of India.

Rights issue is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders.

As you asking I am telling Bank of Bikaner & Jaipur (SBBJ) expects to raise Rs 780 crore through the rights issue, in March 17, 2011.

Bank profile :

Type Public

Traded as BSE: 501061

NSE: SBBJ

Industry Banking

Insurance

Capital Markets and allied industries

Founded Jaipur, 1963

Headquarters Head Office,

Tilak Marg,

Jaipur 302 005 India

Key people Arundhati Bhattacharya(Chairman), Jyoti Ghosh(Managing
Director)

Products Loans, Savings, Investment vehicles, etc.

Net income Rs. 730.24 Crore (March 2013)

Number of employees 12,831

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Answered By StudyChaCha Member