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RBI rejects SBI Cap plan to raise stake in Investec unit
October 31, 2025
|Financial Express Lucknow
THE RESERVE BANK of India has turned down a proposal by State Bank of India (SBI) to increase its stake in an institutional equities joint venture with a local unit of Investec, sources said.
SBI Capital Markets, an arm of SBI, had sought RBI’s approval to increase its shareholding in the partnership to around 40%, from about 20%, sources said. Concerns centered on duplication of businesses within the wider group of SBI companies, one of the sources said.
هذه القصة من طبعة October 31, 2025 من Financial Express Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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Financial Express Lucknow
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Financial Express Lucknow
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Financial Express Lucknow
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2 mins
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Financial Express Lucknow
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2 mins
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Financial Express Lucknow
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2 mins
November 12, 2025
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