State Bank of India plans up to 1% GDR IPO stake sale
State Bank of India is pursuing a proposed Rs30,000 crore IPO to sell up to 1% of NSE shares and is revising FCNR(B) deposit rates from Sept 1, 2026 after a special swap window closure.
State Bank of India Sponsored GDR RegS (NSE:SBIN) is pursuing a proposed Rs30,000 crore IPO that would sell up to 1% of NSE. 35%. The bank is also revising FCNR(B) deposit rates from Sept 1, 2026, after the special swap window closed.