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SBI approves sale of 4% equity in General Insurance for Rs 481.73 crore

Updated : September 26, 2018 05:23 PM IST

The sale process, which was announced by SBI in August, is being managed by Kotak Investment Banking.
SBI chairman Rajnish Kumar on Wednesday confirmed the lender is looking at selling stakes in some of its subsidiaries including General Insurance over the next two years.
SBI approves sale of 4% equity in General Insurance for Rs 481.73 crore
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