SBI to acquire 20% stake in SBI Pension Fund; details here
SBI currently holds a 60 percent stake in SBI Pension Funds. Through this latest transaction, the company is set to increase its stake to 80 percent, acquiring the additional shares for a sum of ₹229.52 crore.
The State Bank of India (SBI) on Tuesday announced that it is planning to acquire a 20% stake in SBI Pension Funds, which is held by SBI Capital Markets.
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