June 11, 2020 / 11:54 AM / 21 days ago

BRIEF-State Bank Of India Approves Divestment Of Co's 2.1% Stake In SBI Life

June 11 (Reuters) - State Bank of India:

* APPROVED DIVESTMENT OF 21 MILLION EQUITY SHARES CONSTITUTING 2.1% OF CO’S STAKE IN SBI LIFE

* TO DIVEST STAKE TO ACHIEVE MINIMUM PUBLIC SHAREHOLDING OF 25% IN SBI LIFE

* TO DIVEST SBI LIFE STAKE VIA OFFER FOR SALE PROCESS Source text for Eikon: Further company coverage:

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