SBI stakes in arms may fall
| SBI stakes in arms may fall |
| Our Bureaus / New Delhi/ Mumbai March 24, 2006 |
| Removing the ceiling of 200 shares on individual shareholding. The Cabinet today approved a draft amendment to the SBI (Subsidiary Bank) Act, 1959, which allows State Bank of India (SBI) to reduce its stake in its seven banking subsidiaries to 51 per cent. The current floor for SBI |
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First Published: Mar 24 2006 | 12:19 AM IST