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Tuesday, May 17, 2016
State Bank of India plans to sell up to 5 percent stake in NSE
17 May, 2016: SBI plans to sell part of its holding in National Stock Exchange (NSE), where it owns 15% stake.
SBI intends to disinvest up to 5 per cent of its equity holding in NSE through a competitive bidding process, a public notice said.
SBI Capital Markets Limited has been appointed as a consultant to the client for advising and managing the proposed disinvestment process.
The last date for submission of bid is May 19.