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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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