1.70 (0.16%) State Bank of India (SBI) is expecting to take upto three years more to list its general insurance arm. The bank will list its asset management company before SBI General Insurance.
SBI had last year listed its life insurance arm and the proceeds came in handy to fight difficulties in asset quality.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.