August 18, 2016

State Banks- Merger Ratios Announced

The swap ratio approved are as follows. SBI will issue 28 shares (face value of Rs 1) for 10 shares (face value of Rs 10) of State Bank of Bikaner and Jaipur

 22 SBI shares for 10 shares (face value of Rs 10) of State Bank of Mysore  and State Bank of Travanvore  each. 

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  General Warning : Investment in Shares Can be Injurious to Your  WEALTH 

Caution :The blog writer has personal/ family members' holdings in State Bank of Bikaner and Jaipur and State Bank of Travancore, so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )

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