State Bank of India currently holds a 3.23 per cent stake in the NSE, while SBI Capital Markets owns 4.33 per cent in the country’s largest stock exchange. SBI Chairman further clarified that there is no monetisation plan for other subsidiaries in the immediate future. Earlier, last month, SBI, along with its foreign partner Paris-headquartered Amundi, diluted around 10 per cent stake in SBI Mutual Fund. The Rs 9,800-crore public offer by the country’s biggest fund house was a huge success as the issue was subscribed 42 times.
