{
  "id": 4415981,
  "title": "SBI Group To Sell Up To 1% Stake In NSE, ₹30,000-Crore IPO Planned Soon",
  "url": "https://urgent.news/2026/08/30/sbi-group-to-sell-up-to-1-stake-in-nse-30-000-crore-ipo-planned-soon",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T11:37:05.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/sbi-group-to-sell-up-to-1-stake-in-nse-30000-crore-ipo-planned-soon"
  },
  "original_language": "en",
  "account": "The State Bank of India (SBI) and its subsidiary, SBI Capital Markets, are preparing to reduce their ownership stake in the National Stock Exchange (NSE) through the exchange's planned ₹30,000-crore initial public offering (IPO). SBI intends to sell a 0.65 percent share, while SBI Capital Markets plans to divest 0.35 percent, amounting to roughly 1 percent of SBI Group's stake in NSE. Currently, SBI holds a 3.23 percent stake in NSE, with SBI Capital Markets owning 4.33 percent. SBI Chairman C S Setty announced the bank's intent to participate in NSE's proposed IPO, although the final divestment could be less than 1 percent if other shareholders also sell their holdings. SBI has no immediate plans to reduce stakes in its other subsidiaries. In a separate development, SBI and its French partner Amundi recently reduced their combined holding in SBI Mutual Fund by nearly 10 percent, following the mutual fund's successful ₹9,800-crore public issue, which was oversubscribed 42 times.",
  "summary": "New Delhi: State Bank of India (SBI) and its subsidiary SBI Capital Markets plan to reduce their holdings in the National Stock Exchange (NSE) through the exchange’s proposed Rs 30,000-crore initial public offering (IPO). SBI proposes to sell a 0.65 per cent stake, while SBI Capital Markets plans to divest 0.35 per cent, taking the SBI Group’s proposed stake sale to around 1 per cent. SBI Group’s…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}