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SBI's NSE jackpot: From ₹2 cr to ₹5K cr
Financial Express Kolkata
|June 19, 2026
MANY SHAREHOLDERS HAVE waited years for liquidity despite seeing the value of their holdings soar as India's capital markets expanded and retail participation surged.
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The SBI group remains the second-largest shareholder in NSE with a combined stake of around 8% through SBI Capital Markets, SBI and SBI Life Insurance. The lender has been associated with the exchange since its inception in the early 1990s and benefited from multiple bonus issues, rights issues and preferential allotments over the years.
Several other institutional investors are also set for handsome gains. Morgan Stanley-backed MS Strategic (Mauritius), which holds a 1.78% stake, is expected to generate thousands of crore in returns from an investment of just over ₹100 crore. Singapore state investor Temasek, which acquired NYSE Euronext's stake in NSE in 2010, is also poised for one of its most successful financial-sector investments in India, with the value of its holding increasing more than thirty-fold.
Dit verhaal komt uit de June 19, 2026-editie van Financial Express Kolkata.
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