SBI rules out any fresh divestment in SBI general insurance
"We would like to bring to your notice that the said development had happened on September 26, 2018. SBI had announced this development on the same date," SBI said in a statement.
The SBI currently holds 70 per cent stake in SBI General Insurance, while 26 per cent in held by international joint venture partner AIG International Pty Ltd. Rest is held by two alternative investment funds (AIFs).
(With inputs from agencies.)