SBI to Dilute 1% Stake in NSE via ₹30,000 Crore IPO

State Bank of India (SBI) and its subsidiary, SBI Capital Markets, have announced plans to divest up to 1% of their stake in the National Stock Exchange (NSE).

The stake sale will be executed through the NSE's proposed public offer, which is valued at approximately ₹30,000 crore.

SBI Chairman C.S. Setty confirmed the move, marking a significant step in the bank's strategy to monetize its long-term investments in the bourse.