India may sell 5 percent stake in steel company SAIL - sources

NEW DELHI (Reuters) - India's new government could sell a 5 percent stake in state-run Steel Authority of India Ltd and a final decision is likely to be taken next week, two sources directly involved in the process told Reuters.

India's disinvest department under the Finance Ministry will hold a meeting with Steel Ministry and SAIL officials on June 23 to discuss the stake sale, a top Steel Ministry official and a top SAIL offical said on Tuesday.

(Reporting by Krishna N Das; Editing by Douglas Busvine)