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TOP INDIAN BUREAUCRACY NEWS | SARKARIMIRROR

TOP INDIAN BUREAUCRACY NEWS | SARKARIMIRROR

India’s top bureaucracy news portal, read the latest insider from the world of bureaucracy, politics, PSUs, defence and corporate, updated round the clock

  • About Us
    • Home
    • About Editor -in-Chief
  • INTERNATIONAL
    • International
  • Bureaucracy Updates
    • PSU
  • Current News
  • State
  • Corporate
  • Central Government Schemes
  • Latest News
  • Excl. Interviews
  • Post your coverages
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Flash News

Santosh Tewari IFOS appointed as new DG, Forest.

Rakesh Kumar Singh tenure extended as CEO,Yamuna Expressway Industrial Development Authority (YEIDA).

Raj Kumar IIS, has been promoted as Director General, PIB.

Kamal Saxena IAS, tenure extended as Joint Secretary, UPSC.

Saturday, October 03, 2026

Tag: Insurance Australia Group (IAG) of Australia would increase its holding in the general insurance company from 26 percent to 49 percent. According to SBI

STATE BANK OF INDIA DECIDES TO DILUTE  ITS STAKE FROM  74% TO 51% IN ..
PSU

STATE BANK OF INDIA DECIDES TO DILUTE ITS STAKE FROM 74% TO 51% IN ..

sarkarimirror March 26, 2015

  STATE BANK OF INDIA DECIDES TO DILUTE  ITS STAKE FROM  74% TO 51% IN SBI GENERAL INSURANCE Chennai, March 26  India’s largest mortgage lender State Bank of India (SBI) … Read More

600 crore and increase that by 50 percent next fiscal. SBI also has a 74:26 life insurance joint venture with BNP Paribas Cardif called SBI Life Insurance Company Ltd. However the bank has not said anChennaiInsurance Australia Group (IAG) of Australia would increase its holding in the general insurance company from 26 percent to 49 percent. According to SBIMarch 26 India’s largest mortgage lender State Bank of India (SBI) has decided to lower its stakes in its general insurance joint venture to 51 percent and has decided to begin the processthe bank said on Thursday. In a regulatory filing in BSE the bank said its executive committee of the central board (ECCB) on March 25 decided to initiate the necessary action as per the joint venturethe process for diluting its holding in favour of IAG would begin as per the joint venture agreement which includes the appointment of valuer to estimate the enterprise value and the price discovery.

Tarun Sharma, Editor-in- Chief

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