SBI, SBI Capital Markets plan 1% NSE stake sale via IPO: Bank Chairman C S Setty
· economictimes.indiatimes.com
State Bank of India plans to divest nearly one percent of its National Stock Exchange stake. This divestment will occur as part of the exchange's upcoming initial public offering. SBI's mortgage portfolio is projected to surpass ten lakh crore rupees this quarter. The bank holds a significant market share in the home loan segment. Home loans are considered vital for India's overall economic growth.
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