Moneycontrol PRO

business

Preparation for IPO? SBI may sell 5% in SBI Life via pvt deal

State Bank of India is looking to sell 5 percent stake in its life insurance arm SBI Life. The country's largest bank owns 74 percent in SBI Life while its foreign partner BNP Paribas owns 26 percent.

first published: Oct 6, 2016 11:45 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseGen AI Masterclass