SBI Approves Stake Sale In General Insurance Arm For Rs 482 Crore
Signage for the State Bank of India Ltd. (SBI) is seen at a branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

SBI Approves Stake Sale In General Insurance Arm For Rs 482 Crore

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The country’s largest lender State Bank of India on Thursday approved the sale of 4 percent stake in SBI General Insurance for Rs 482 crore to two alternative investment funds.
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