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Board of State Bank of India approves divestment of 3.9% stake in SBI Life Insurance Company

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Capital Market
Last Updated : Dec 09 2016 | 8:28 PM IST

At meeting held on 09 December 2016

State Bank of India announcednthat the Executive Committee of the Central Board (ECCB) of the Bank at its meeting held on 09 December 2016 has approved divestment of 3,90,00,000 equity shares constituting 3.9% stake in SBI Life Insurance Company at a price of Rs. 460 per share, subject to all regulatory approvals.

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First Published: Dec 09 2016 | 8:04 PM IST

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