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Carlyle and GIC set to buy 10% stake in SBI Life Insurance for Rs 5,200 crore: report

Updated : December 27, 2018 08:53 AM IST

France-based insurance firm BNP Paribas has been looking to cut its stake in SBI Life in order to meet the regulatory norms for opening to the public, the report said.
The total size of the deal stands at around Rs 5,100 crore, the report said.
Carlyle and GIC set to buy 10% stake in SBI Life Insurance for Rs 5,200 crore: report
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