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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
  • About Editor -in-Chief
  • Converse with Tarun – Exclusive Video interviews
  • Health & Fitness
    • Health & Fitness
  • Advertise with us
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Flash News

ART MUMBAI Hosts Guided Artwalk at RMZ Ecoworld 30, Bengaluru

Senior IPS officer Mukesh Singh, assumes charge as Director General of Police (DGP), Manipur.

Former IAS officer Atheeq L K, appointed as Financial Adviser to the Chief Minister of Karnataka DK Shivakumar.

Ms Manisha Saxena IRS (C&CE), takes charge as Joint Secretary, Department of Health Research (DHR), Ministry of Health & Family Welfare.

Saturday, June 06, 2026

Tag: the 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.

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

June 2026
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