i Develop Stocks Advisory: State Bank of India announce stock split

Tuesday, August 7, 2007

State Bank of India announce stock split

India's largest lender may split its stock as it sells shares to raise funds, the Financial Express reported, citing an official at the bank it didn't identify. The announcement on the stock split and a sale of shares may be made in the next few months, the report said. State Bank added 45.85 rupees, or 2.8 percent, to 1,681.85.

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Economic Event Calendar

GMT+5:30	Event	Vol.	Actual	Consensus	Previous
Wednesday, Apr 16
21:30	Fed's Hammack speech	2
22:30	20-Year Bond Auction	1	4.810%		4.632%
23:00	Fed's Chair Powell speech	3
Thursday, Apr 17
01:30	Net Long-Term TIC Flows	1	$112.0B	$35.2B	$-42.2B	Revised from $-45.2B
01:30	Total Net TIC Flows	1	$284.7B		$-46.6B	Revised from $-48.8B
04:15	Consumer Price Index (YoY)	3		2.3%	2.2%
04:15	Consumer Price Index (QoQ)	3		0.7%	0.5%
04:30	Fed's Schmid speech	2
07:00	National Australia Bank's Business Confidence (QoQ)	2			-4
07:00	Participation Rate	2		67.0%	66.8%

Economic Calendar >> Add to your site

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Tuesday, August 7, 2007

State Bank of India announce stock split

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