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State Bank of India gears up for IPO of PE-backed general insurance unit

By Ankit Doshi

  • 13 Nov 2018
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State Bank of India gears up for IPO of PE-backed general insurance unit
Credit: VCCircle

State Bank of India (SBI) is preparing to list its general insurance arm on stock exchanges next fiscal year and may even sell a small stake to private investors before the public offering, three people in the know told VCCircle. The nation’s biggest lender holds a 70% stake in SBI General ......

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