-9.00 (-0.87%) Pursuant to Regulation 30 and other applicable provisions of SEBI (LODR) Regulations, 2015, SBI has informed that the Executive Committee of Central Board of the Bank has accorded approval for exploring possibilities to offload 6% stake of the Bank in SBI Funds Management through IPO route, subject to receipt of all regulator y approvals.
The above information is a part of company’s filings submitted to BSE.