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The Economic Times
The Economic Times
Business

SBI, SBI Capital Markets plan 1% NSE stake sale via IPO: Bank Chairman C S Setty

SBI NSE SBI Capital Markets IPO India State Bank of India Amundi

New Delhi: State Bank of India (SBI) and its subsidiary SBI Capital Markets Ltd together plan to dilute up to 1 per cent stake in the National Stock Exchange (NSE) through the exchange's proposed Rs 30,000-crore initial public offering (IPO).

The bank is participating in the NSE IPO and will dilute a 0.65 per cent stake in the exchange, SBI Chairman C S Setty told PTI in an interview.

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