SBI to divest 2.1pct stake in SBI Life
The State Bank of India (SBI) will divest 2.1 per cent stake in SBI Life to achieve the minimum public shareholding of 25 per cent.
In a regulatory filing, SBI said that it proposes to sell up to 2.10 crore shares of SBI Life. The floor price for the sale shall be Rs 725 per equity share. Photo: Reuters