SBI to sell 1% of NSE stake through ₹30,000 cr IPO: Chairman Setty

SBI and SBI Capital Markets will together sell 1% of their collective stake in NSE through the planned ₹30,000 crore IPO, SBI Chairman CS Setty said. "We propose to divest 0.65% and 0.35% by SBI Capital Markets...So together, about 1% as SBI group," Setty added. SBI currently holds a 3.23% stake in NSE, while SBI Capital Markets owns 4.33% stake.