State Bank Of My - Board declares Interim Dividend & approves Right Issue

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State Bank of Mysore has informed BSE that the Board of Directors of the Bank has declared an Interim Dividend at the rate of Rs. 3.00 per equity share of Rs. 10/- each (i.e. 30%) at its meeting held on March 29, 2014. Interim Dividend will be paid on April 22, 2014.

The Board has also approved in-principle for augmentation of equity capital through Rights Issue, not exceeding Rs. 425 crores including Share premium, to its Shareholders.

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