| July 18, 2017 4:01 am
(Photo: Getty Images)
State Bank of India on 17 July said that its subsidiary SBI Life Insurance Company has filed a draft red herring prospectus with Sebi for an initial public offering.
According to a regulatory filing made to the BSE, the state-run bank said that the IPO will offer up to 12 crore equity shares of face value of Rs.10 each.
Copyright © 2016 The Statesman Limited. All Rights Reserved.