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SHRI S.S. RAMASUBBU (TIRUNELVELI):  Mr. Chairman, Sir, I thank you for giving me this opportunity to speak on the State Bank of India (Amendment) Bill, 2010.

          Sir, I rise to speak on the State Bank of India (Amendment) Bill, 2010. At the very outset, I would like to say that the State Bank of India (Amendment) Bill is very timely and it is a positive step taken by our Government. The Bill aims at reduction of shareholding of the Central Government from fifty-five per cent to fifty-one per cent consisting of the equity shares of the issued capital. This is a positive feature to provide the SBI with the option to raise capital in case of requirements by accessing the capital market and by going for public issue.